This report looks in-depth at several key topics and trends relevant to cyber security professionals in the Nordic region in the run up to CS4CA Nordic 2025, including exclusive interviews from some of the region’s leading CISOs, part of this year’s steering committee.
As part of the Nordic Cyber Summit Annual Report, we look at the evolution of the cyber threat landscape, including notable changes such as:
By the end of 2024, global losses due to cybercrime were expected to have reached USD$9.5 trillion
According to 2024 data, almost €1bn is lost to fraud in the Nordic states alone each year
87% of security professionals predict the number of cyber attacks to increase
Nearly half of Finnish organisations have been the target of a serious cyber attack
Only 30% of Norwegian cyber security leaders believe their organisation is prepared to comply with new legal requirements
Finland, Norway, Denmark, Sweden and Iceland are all represented in the top tier of countries for cyber security
Head of Information Security
SOS International
“The US could potentially embargo Denmark for digital services unless we agree to certain terms, such as a handover of Greenland with no restrictions.”
Director of Cyber Resilience
Pandora
“People simply want to experiment with the newest AI, 3D technology, or whatever it might be, which isn’t always the best or safest choice.”
CISO and Head of Governance, Risk & Compliance
University of Southern Denmark
“I do think there’s often friction between IT security teams and the wider IT organisation.”
CISO
DreamData
“I believe one of the biggest challenges is balancing security and productivity.”
Cyber Assurance Manager
Ingka Group
“For the cyber team, the challenge is to try to protect the business, but we don’t have control over the systems, the infrastructure, or people’s behaviour.”
CISO
Martin & Servera
“It’s important to understand how penetration testing contributes to a strong cyber security posture and risk measurement.”
CISO and CSO
BankID
“All organisations need to have a well-defined security protocol that you embed into all key business processes.”
Inspector for Cyber Security (IT & OT)
STUK – Säteilyturvakeskus
“A motivated and skilled people and strong security culture within an organization is essential. Human behavior is often the weakest link in cyber security.”
Senior Security Manager
Fortum
“There’s not one most significant security compliance challenges. It’s the challenge of multiple different regulations coming in at kind of the same time.”
CISO
Consilium Safety Group
“The first and most obvious difficulty in getting investments for OT security is that the OT environment largely consists of old, legacy equipment.”
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