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As business travel slowly recovers, enterprise security teams must assess the evolving threat landscape to determine where their organization may be impacted.
Three years since the COVID-19 pandemic began, business travel spend remains below 2019 levels, according to a 2023 Deloitte report.
The firm’s survey of executives in U.S. and Europe found that businesses expect their travel spend to return to 71% of pre-COVID-19 levels by the end of the year, with a full return predicted for 2024 or 2025. The report notes that a return to 2019 levels could represent a 10% to 20% deficit in the business travel market overall, given the effects of inflation and lost gains.