As organizations became increasingly interconnected globally, every business started adapting to the digital model for all their transactions, fearing that otherwise they would be left behind in the race. Unfortunately, this has turned out to be a catch-22 as threats to cybersecurity are continually increasing. The rise in attacks was partly due to Log4j that helped to boost the cyberattack attempts to an all-time high in Q4 2021.

In September 2021, the Indian Markets Regulator, Security, and Exchanges Board of India (SEBI) banned an employee of an Indian MNC headquartered in Bangalore and his counterpart, an employee of a leading Global information technology company from trading in stock exchanges till further orders. An impounding of illegal proceeds of 2.62 crore rupees were generated through insider trading activities. This is just an example of insider trading.

Cybersecurity is more important than ever before, with the number of corporate breaches increasing dramatically since 2020. In response to recent spikes in threats, many companies are working to create a more cybersecurity-focused employee base. The most effective way to do this is through a top-down, widespread shift in company culture, which places security among the top values.