86% of Firms Identify Unknown Cyber-Risks as Top Concern

The Critical Start 2024 Cyber Risk Landscape Peer Report highlights persistent gaps in cyber-risk management: 86% cite unknown risks as a top concern, 66% have limited visibility into risk profiles, 65% of executives worry about misaligned security investments, 50% report expertise shortages, and 83% experienced breaches despite traditional detection/response. Organizations are moving toward proactive risk reduction—99% plan to adopt managed cyber risk reduction (MCRR), 99% intend to offload parts of risk reduction to providers, and 81% prioritize continuous monitoring, threat intelligence integration, automation, and timely incident response.