Cybercrime – it’s the future.
Cybercrime is the most prevalent form of criminal activity now surpassing the global drugs trade. “In the face of real threats to our [USA] security and our economy” President Obama has recently signed a Cybersecurity Order pledging US$ 4.7 Bn to secure the virtual defences of the USA.
However, it is not just nation states that face this emerging threat, individuals and organisations also have a real and present exposure, and we are not just talking about those businesses that process credit card information either.
Any organisation that holds personal information, for example e-mails, is a potential target and those organisations that don’t have large IT security budgets are the prime targets for this new breed of criminal.
If your business is reliant on the daily use of technology this article by Richard Hodson, Head of Technology at Oval Insurance Broking can inform you of the new threats you might face and what can be done to protect yourself.
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Sponsored by Check Point Software Technologies this independently developed study by the Ponemon Institute shows that Cyber criminals today are increasingly leveraging malware, bots and other forms of sophisticated threats to attack organizations for various reasons, including financial gain, business disruption or political agendas. In many cases, cybercriminals often target multiple sites and organizations to increase the likelihood of an attack’s initial success and viral spread.
With new variants of malware being generated on a daily basis, many companies struggle to fight these threats separately and the majority of attacks are often left undetected or unreported.