Cybersecurity in Sport - Thematic Research
Summary
The industry must ‘overprepare’ for the cyber threat. By 2025, global cybersecurity revenues will have reached $198 billion and partnerships and sponsorships with IT specialists and cybersecurity vendors should be top of the agenda for the 2022/2023 season, due to a lack of in-house skills. Intel and Oracle are the IT companies investing the most into sport sponsorship, with total sponsorships of $549 million and $441 million, respectively. Cybersecurity vendor Cisco is also active in the sports industry, partnering with the NFL to ensure end-to-end security for the Super Bowl LVI and NBCUniversal to protect Olympics coverage. The most successful clubs, federations, and broadcasters will be those with strong partnerships with cybersecurity vendors.
No company is safe from cyberattacks, but sports organizations are more vulnerable than most. Data and revenues make sports organizations cyber targets. The business of sport naturally accrues a large amount of sensitive data. This is everything from customer data from fans to performance data on athletes. The UK National Cyber Security Centre survey found that more than 70% of sports organizations had experienced a cybersecurity breach, more than double the UK average. Sports teams, federations, broadcasters, and sponsors are vulnerable to attacks due to the vast amount of revenue, exposure, and data available, as well as the multiple entry points from distributed communications.
Scope
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