In early 2023, Microsoft launched Defender for Identity which aims to offer visibility by helping to identify threats and provide actionable reports on attacks. But M365 security is not completely adequate for the modern enterprise and must be augmented by other data security solutions.

Our data shows that 53% of firms are increasing their cybersecurity budgets in preparation for a rise in threats once we leave the EU. Businesses anticipate that Cybercriminals will seek to use confusion to their advantage, whether that is through malware attacks or targeted phishing campaigns to coerce critical data or financial gain from organizations.