Businesses today are required to focus as much on protecting themselves from cybercriminal activity as they are in providing products and services to their clients. That’s because cybercrime is an industry in and of itself with earnings equal to Russia’s Gross Domestic Product (GDP), around $1.5 trillion per year.
No longer can organizations have a singular focus. Attempting to stay at least a half step ahead of the cybercriminals is a fulltime endeavor.
According to a recent article on darkreading.com, “Cybercrime is now a profitable underground economy. The fabled “darknet” provides the platform for transactions, the place where demand meets supply. The evolving cybercrime-as-a-service model offers everything from distributed denial-of-service attacks and malware to shiploads of stolen data sets on demand. Today, engaging in cybercrime is as simple as legitimate e-commerce.” https://www.darkreading.com/cloud/cybercrime-is-skyrocketing-as-the-world-goes-digital/a/d-id/1331905
The cybercrime world is so organized that it is becoming more and more difficult to determine legitimate from illegitimate business platforms. In fact, Marc Wilczek, the author of the darkreading.com article says it best when he writes, “The global crime economy has become a self-perpetuating organism — an interlinked web of profit where the boundary between the legitimate and illegitimate is often unclear.” https://www.darkreading.com/cloud/cybercrime-is-skyrocketing-as-the-world-goes-digital/a/d-id/1331905
Unfortunately, the lightning speed rate of increasing dependency on the availability and performance of IT infrastructure among legitimate enterprises is making matters worse. All it takes is one clueless or one ill-intentioned employee and a couple of wrong clicks to take a company offline or flood it with malware.
The stakes have never been higher which means the need for cybersecurity has never been greater. Your cybersecurity team will have to be able to provide fresh, intelligent and nimble approaches to address the ever more sophisticated attacks. Whether you are just establishing cybersecurity or need a fresh approach, call our offices to set up a consultation.