Don’t Panic! A Guide to Modern Cybersecurity Challenges

Avatar of

Marketing Director

Zoe-Louise Bell

Don't Panic! This guide explores six critical cybersecurity challenges facing NZ businesses, from skills shortages to rising costs, and explains how a strategic approach can help you build a more secure digital future.

In a world of constant cyber threat alerts, it’s easy to feel overwhelmed. But the key, as Douglas Adams wisely advised, is: Don't Panic. To cut through the fear-mongering, we recently brought together security specialists and business leaders to discuss the real-world challenges organisations face and, more importantly, the practical strategies to navigate them.

Here are the critical insights for building a more secure digital future.

The six cybersecurity challenges we’re all facing

Based on Dynamo6's our work with businesses across New Zealand, we see six recurring challenges that create risk and complexity for organisations trying to stay secure.

  • Complex Attacks - The emergence of new threats and attack vectors requires organisations to maintain round-the-clock vigilance to safeguard their digital assets.

  • Skills Shortages - Globally, there is a significant shortage of trained and experienced cybersecurity professionals, exacerbating vulnerabilities within organisations.

  • Missing Responses - Gaps in security coverage and ineffective response processes can leave organisations exposed and overwhelmed by the sheer volume of alerts.

  • Market Confusion - The cybersecurity market is confusing. There’s a multitude of cybersecurity offerings with overlapping features and gaps in coverage has made it challenging for organisations to choose the right tools without incurring excessive costs.

  • Broken SOC and MSSP Models - Many organisations struggle with issues such as inadequate visibility, incomplete threat coverage, slow detection, and inefficient responses within their Security Operations Centers (SOC) and Managed Security Service Providers (MSSP) arrangements.

  • Rising Costs  - The proliferation of multiple licences and duplicated service charges has led to escalating cybersecurity costs.

AI: A force for good… and bad

While AI is being exploited by malicious actors to create more sophisticated attacks, it has also become one of our most potent tools for defence. AI-driven platforms can analyse trillions of data points in real-time, identifying and neutralising threats at a scale and speed that humans simply cannot match.

This is where modern platforms like CrowdStrike Falcon demonstrate their power. By leveraging AI, these solutions can automate threat detection and response, helping to directly address the challenges of skills shortages and the complexity of modern attacks. This "single responsibility" approach, where one platform provides broad coverage, also helps combat market confusion and the rising costs associated with managing multiple, disparate tools.

From panic to a plan

The event underscored that while cybersecurity challenges are pressing, they are not insurmountable. The key is to move from a reactive, tool-based approach to a proactive, strategic one. This involves understanding that true security resilience is a combination of the right people, processes, and technology.

Building this resilience starts with a clear understanding of your organisation's unique risks and capabilities. A strategic IT Environment Security Review can help you cut through the noise, identify critical vulnerabilities, and create a clear, actionable roadmap. It’s the first step to transforming your security posture from a source of anxiety into a powerful business enabler.

With thanks

With thanks to our event partners and speakers, including Graeme Bailey, Shaun Coutts, the team at CrowdStrike, and our venue hosts at Garage Project.

Endnotes

Ready to transform your ideas into solutions? Let's talk.

Get in touch