Top 5 Cybersecurity Facts, Figures, and Statistics for 2017

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Cybercrime damage costs to hit $6 trillion annually by 2021 Cybersecurity spending to exceed $1 trillion from 2017 to 2021. Unfilled cybersecurity jobs will reach 1.5 million by 2019 Human attack surface to reach 4 billion people by 2020. Up to 200 billion IoT devices will need securing by 2020. What does it all mean? Last year, Ginni Rometty, IBM’s … Read More

As Cybercrime Rises, So Does Spending On Cyber Security

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“Cisco points out that, ‘Cybercriminals have refined their back-end infrastructures to carry out attacks in ways that increase efficiency and profits’ and thus every industry, from financial services to entertainment, is vulnerable to such risks. In 2015, cybercrime ranked as the second most reported economic crime. Increasingly frequent and precision-based cyber-attacks call for a stronger fortification against them. “The global … Read More

Data Breach Scenarios from the Field

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The Verizon RISK Team performs cyber investigations for hundreds of commercial enterprises and government agencies annually across the globe. In 2015, they investigated more than 500 Cybersecurity incidents. They shared some of the details in a recent report of how they solved the cyber crimes. View the PDF report here: http://www.verizonenterprise.com/resources/reports/rp_data-breach-digest_xg_en.pdf

Why J.P. Morgan Chase & Co. Is Spending A Half Billion Dollars On Cybersecurity

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J.P. Morgan lays out its Forward-Looking Statements which are, by their nature, subject to risks and uncertainties, many of which are beyond the Firm’s control. These two statements speak directly to cyber risks: Ability of the Firm to maintain the security of its financial, accounting, technology, data processing and other operating systems and facilities. Ability of the Firm to effectively … Read More