It’s no surprise that spending on security technology continues to soar. Nevertheless, data breaches and cyber attacks make headlines at an incredible rate, with no relief in sight. The Online Trust Alliance reported that attacks in 2017 came from a myriad of vectors, such as phishing and ransomware, and that the number of attacks doubled to nearly 160,000 incidents per year over 2016. What’s worse, estimates for the number of unreported attacks exceed 350,000 annually.
Employees conducting attacks on their own employees – known as insider threats – are becoming increasingly common and costly. According to a CA report, over 50% of organizations suffered an insider threat-based attack in the previous 12 months, while 25% say they are suffering attacks more frequently than in the previous year. 90% of those organizations claimed to feel vulnerable to insider threats.
Every year, cybercrime gets worse. And it totally makes sense, because it is a lucrative line of work, so to speak. It’s estimated to be a $1.5 trillion industry, with some countries now basing their economy around cybercrime. As a result, cybercriminals’ activities are now facilitated by new technology that makes data breach attacks easier and more accessible. Therefore, the chances of your business suffering a cyber attack are getting bigger by the minute. Here is what you can expect in 2019.
If you own a company, no matter how small a company it may be, you are in constant danger of becoming a victim of a cyber attack. It is important to install effective cyber security measures, but in order to do that, you need to know which cyber security threats to prepare for. Here are the 8 most common ones.
Another action movie involving hackers has occurred within the past ten days. And it hasn’t finished yet. The stage – the whole world.