The increasing digitization of industry plays a vital role in business growth. But it also brings risk.
Cybercrime targets victims from private individuals to large corporates, through various forms of phishing and illicit installations of malware. The results are lost income, reputational damage, financial loss and ransomed data.
While the majority of criminals have basic technical capabilities, attacks are increasingly enabled by sophisticated tools available in the online criminal marketplace. With some criminal groups even industrializing their activities, cyber-crime is evolving and growing fast.
'Ransomware' attacks have grown, leveraging threats to publish data online, or block its use. Targeted fraud is a rising cost for individuals and businesses.
Knowledge is the best defense against cybercrime and fraud.