January 13, 2017//Ellen NeveuxLast Updated: June 22, 2021
In 2017, cybercrime is going to deliver serious challenges to business, consumer, federal, and global interests.
During the last quarter of 2016, the website of well-known security blogger, Brian Krebs, was hit with a record-setting DDoS attack. Shortly after, the same malware was used to bring down Dyn, an internet infrastructure provider, taking out access to the internet along the East Coast. By the end of the year, the largest DDoS attack to date hit an internet security firm but, fortunately, failed to take it down.
With no shortage of targets, cybercrime will sink more deeply into vulnerable networks using increasingly sophisticated tools, tactics, and social engineering methods. Just three areas to watch this year include:
According to IBM Security, the average total cost of a breach is $4 million, which is up 29% since 2013. Your company has a 26 percent chance of being hacked in the next 24 months. With a cyber environment that is sure to get worse before it gets better, be sure you are ready for the future.
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