Cybersecurity has become an important issue for every organisation in today’s digitally connected world. Awareness and understanding of the risks and appropriate responses is critical for everyone from the board of directors to the entry-level employees. This need extends to vendors, suppliers and related organizations as well. This year’s HLB Cybersecurity Report 2022 focuses on the hidden risks in cyber-defense and lays the foundation for effective cybersecurity risk mitigation. In September 2022, we surveyed 753 senior IT professionals via an online questionnaire about the challenges they face in today’s cyber-risk landscape.