It’s also worth pointing out many companies are still early in their cyber journey
It's hard not to go "waitjustaminute" about that. Computers have been highly prevalent, if not ubiquitous, in corporate life for near on 40 years now. The first computer virus[1] is older than I am (I'll be 48 in a week). Hackers as a sort of public threat seemed to enter the public vernacular largely around the release of WarGames[2] in 1983. The Morris Worm[3] caught the public's attention in 1988. Kevin Mitnick[4] was notorious as "the world's most wanted computer hacker" by the mid 1990's. Hackers[5] came out in 1995.
There's really not much new about the need for a focus on cybersecurity, other than the specific details of newer vulnerabilities and exploits, and the general shift towards profit-motivated malicious hacking. Anybody who is "just starting" to focus on cybersecurity really hasn't been paying attention.
[1]: https://en.wikipedia.org/wiki/Creeper_(program)
[2]: https://en.wikipedia.org/wiki/WarGames
[3]: https://en.wikipedia.org/wiki/Morris_worm