An Analysis of Gen Z Cyber Risk

An Analysis of Gen Z Cyber Risk

Are you a "Digital Native"?

Is it the same group as Gen Z?

Kind of.

Digital Natives have grown up (and are comfortable with) computers and the internet. Unlike any previous generation, these guys are are so used to using technology in all areas of their lives that it is (and always has been) an?integral, necessary part of their day-to-day.

They are digital, by design.

The calendrical scope of Gen Z and Digital Natives is almost identical (born 1997 to 2015). This has created what some might consider an unexpected characteristic. Apathy to digital and cyber risk.

Insight from Timothy van Slyke

I am generalising, based on reliable data, so what I`m about to say next may not apply to every Gen Z individual.

Recent data suggests that Digital Natives are seven times (x7) more likely to click on a link in a phishing email, than those who did no grow up attached to devices.

What`s Going On?

Everything I have read or found on this subject suggests that the cultural evolution of Gen Z, which is characterised (generally) below - may give some clues to why they perhaps bring a greater risk to their employers or business:

?? Generation Z’s attention span is reportedly only allotted?eight seconds, with millennials at?12 seconds. This suggests that their thinking is far more heuristic than critical, and this creates a higher risk in cyber security terms

?? Because they spend more time online than any other generation, their connected familiarity may lead to some considering that "cyber best practice" as an inconvenient intrusion on their lifestyle

?? McKinsey suggests that "Gen Z is generally known for its?idealism; they’re part of a new wave of “inclusive consumers” and socially progressive dreamers.". This may indicate that idealism trumps risk-reality, and they interact digitally based on there being no (or less) risk, as that would be the ideal

?? They may consider the "threat" of digital exclusion to be greater than the risk of falling for a social engineering scam OR they are prepared to take greater risks, as the FOMO is too greatly felt

?? Is the sheer volume of content thrown upon them, making it impossible for digital natives to cope?


EY Research 2022

Summing Up

As I said at the start - this is generalisation and merely intended to generate debate, yet, it IS based on hard data and research - so for sure there are consistent reasons here we need to surface.

Thoughts?

I have 3 Gen Z`s I love with all my heart, so I`m keen to get your thoughts and feedback on this subject.

Bob Harper

Helping accounting firms transform by leveraging the power of better meetings Click the ??icon to get notified when I post Email me [email protected]

1 年

Fasinating

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