CYBER SECURITY:

Cyber security refers to every aspect of protecting an organization and its employees and assets against cyber threats. As cyberattacks become more common and sophisticated and corporate networks grow more complex, a variety of cyber security solutions are required to mitigate corporate cyber risk.

A modern cybersecurity infrastructure is one that is consolidated and built from solutions that are designed to work together. This requires partnering with a security provider with experience in protecting all of an organization’s assets against a range of cyber threats.

The global cyber threat continues to evolve at a rapid pace, with a rising number of data breaches each year. A report by RiskBased Security revealed that a shocking 7.9 billion records have been exposed by data breaches in the first nine months of 2019 alone. This figure is more than double (112%) the number of records exposed in the same period in 2018.

Medical services, retailers and public entities experienced the most breaches, with malicious criminals responsible for most incidents. Some of these sectors are more appealing to cybercriminals because they collect financial and medical data, but all businesses that use networks can be targeted for customer data, corporate espionage, or customer attacks.

With the scale of the cyber threat set to continue to rise, global spending on cybersecurity solutions is naturally increasing. Governments across the globe have responded to the rising cyber threat with guidance to help organizations implement effective cyber-security practices.

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