In recent years, cybercrime has reached epidemic proportions, with far ranging impacts across the business world. Cyberattacks pose a monumental threat with major developments: attacks have become far more sophisticated and they have exponentially increased in volume. Better executed than ever before, the UN estimates that 80 per cent of all cyberattacks are carried out by technologically-advanced criminal organisations that share data, tools, and expertise. By 2021, it is estimated that cybercrime will cost the global economy over $2 trillion. This makes it imperative for companies to make concerted efforts to improve their cybersecurity health, and evolve from a compliance-focused approach to a more threat-aware strategy focusing on risk.
Aug-28-2019, 10:21:40 GMT