Cybersecurity Ventures predicts that the about $US8 trillion in global expenditures associated with cybercrime in 2023 will rise to $US10.5 trillion in 2025. In addition to stolen money, this startling sum also accounts for data loss and damage, lost productivity, intellectual property theft, theft of personal and financial data, post-attack disruption, investigation, and reputational damage.
The top security trend for 2022, according to Gartner, is “attack surface expansion,” underscoring the importance of people in cybersecurity. Simply expressed, this indicates that more people are gaining access to information and accounts from more locations. This could be due to remote work or the explosion of digital services and gadgets.
The message is that risk reduction and resilience building require cooperation and ongoing awareness for those already working in IT and cybersecurity. We have advanced significantly, but so have cybercriminals. Everyone needs to contribute, for this reason.
𝐂𝐡𝐚𝐧𝐠𝐞 𝐥𝐨𝐧𝐠-𝐡𝐞𝐥𝐝 𝐛𝐞𝐥𝐢𝐞𝐟𝐬
In order to increase cybersecurity knowledge, long-held ideas need to be challenged. One is the persistent belief that security events mostly affect governments or major enterprises. The truth is that criminals scour organizations of all sizes and types for weak points. Because they update systems and apply security updates more slowly than larger organizations, many smaller organizations have been the target of assaults.
The second misconception is that data is safer when it is kept on-site in a business building. Actually, data and applications are now in a safer environment thanks to cloud computing.
The first thing to note is that cloud data centers are constructed with strong physical security measures, such as guards, gates, cameras, and biometric locks. Additionally, leading security experts are being hired by cloud providers to monitor the environment using cutting-edge techniques that can quickly identify and stop assaults. With today’s automatic migration solutions, moving to the cloud has never been simpler or safer.
Another regrettable misconception is that cybercrime is only a byproduct of living in the digital age. People may become complacent and let their guard down as a result of this. When a single click might mean the difference between a close call and a serious event, it is obvious that technology users themselves should be the first line of defense.
However, many organizations are also using a zero-trust policy to assist users to stay safe by limiting access to only what they need to complete their tasks. This will help create a solid perimeter.
The extent of the problem may be altered, which will make life much harder for cybercriminals in the long run. This can be accomplished by modifying public beliefs about cybersecurity.