No organization is immune to cyber crime. A frequently raised point is that no business can
afford to ignore cyber crime, which is estimated to cost the global
economy around $445b USD a year. The losses are both direct and indirect, with many businesses citing
downtime or lost productivity as a costly side-effect of some cyber
criminal activity.
The reality is that every business connected to the internet can
expect to fall victim to cyber crime at some point as criminals expand
their ability to steal money directly or to turn stolen data into money. The problem is that, while most information security experts are aware
of the threat cyber crimes poses to the business, senior executives are
often unaware of the scale of the problem. Despite increased media
coverage of high-profile breaches, many top
executives still believe their organization has no valuable data and
will not be targeted. How secure are public and private sector
organizations? Send your comments to the Cloud and Cyber Security
Center.
The reality is that every business connected to the internet can
expect to fall victim to cyber crime at some point as criminals expand
their ability to steal money directly or to turn stolen data into money. The problem is that, while most information security experts are aware
of the threat cyber crimes poses to the business, senior executives are
often unaware of the scale of the problem. Despite increased media
coverage of high-profile breaches, many top
executives still believe their organization has no valuable data and
will not be targeted. How secure are public and private sector
organizations? Send your comments to the Cloud and Cyber Security
Center.
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