Cybercrime to Cost $5.2 Trillion over Next 5 Years; High-Tech Industry Most at Risk

Cybercrime to Cost $5.2 Trillion over Next 5 Years; High-Tech Industry Most at Risk

Businesses are struggling to develop cyber resilience to fend off attacks as they seek to create flawless operations and to scale systems. Efficient cybersecurity in an advancing digital economy is no easy goal, as many factors are at play, including third-party risks and increased attack surface, as a result of extensive interest in IoT deployments. This is why corporates and governments need to work together to set up priorities to help enable digital transformation and build trust through proper safeguards on consumer data privacy.

Article Link: http://feedproxy.google.com/~r/BusinessInsightsInVirtualizationAndCloudSecurity/~3/DzA-91FikUQ/cybercrime-to-cost-5.2-trillion-over-next-5-years-high-tech-industry-most-at-risk