• Businesses are investing $200 billion annually in cybersecurity but still face a talent shortfall
• Organizations are exposed to growing cyber threats, with only 72% of cybersecurity roles currently filled

Riyadh, Saudi Arabia, October 3, 2024 – Boston Consulting Group (BCG), in collaboration with Global Cybersecurity Forum (GCF), unveiled its “2024 Global Cybersecurity Workforce Report” at the GCF Annual Meeting 2024. Titled “The Global Cybersecurity Workforce Shortage and Skills Gap: A Threat We Cannot Ignore,” the report highlights a significant global shortfall in cybersecurity professionals despite considerable infrastructure and talent development investments. The GCF Annual Meeting 2024, themed “Advancing Collective Action in Cyberspace,” focuses on enhancing multi-stakeholder collaboration to address key cybersecurity challenges.