The State of Trust Report 2024
The 2024 State of Trust Report by Vanta examines the changing security landscape and its effect on business trust. Key findings include:
• Over half of organizations report unprecedented security risks, with 50% detecting threats weekly. Vendor breaches affect 46% of companies.
• Security budgets fall short, especially in larger enterprises, while compliance demands rise, with 65% facing increased requirements from customers, investors, and suppliers.
• AI adoption grows, but governance is lacking. Only 37% conduct AI risk assessments, and 36% have AI policies.
The report advises automating security tasks, vendor risk monitoring, and transparent AI governance. Read the full report for more insights.