Cybersecurity aims to protect individuals’ and organizations’ systems, applications, computing devices, sensitive data and financial assets against computer viruses, sophisticated and costly ransomware attacks, and more.
Cyberattacks have the power to disrupt, damage or destroy businesses, and the cost to victims keeps rising. For example, according to IBM's Cost of a Data Breach 2023 report,
The average cost of a data breach in 2023 was USD 4.45 million, up 15% over the last three years;
The average cost of a ransomware-related data breach in 2023 was even higher, at USD 5.13 million. This number does not include the cost of the ransom payment, which averaged an extra USD 1,542,333, up 89% from the previous year.
By one estimate, cybercrime might cost the world economy USD 10.5 trillion per year by 2025 (link resides outside ibm.com).1
The expanding information technology (IT) trends of the past few years include:
- a rise in cloud computing adoption,
- network complexity,
- remote work and work from home,
- bring your own device (BYOD) programs,
- and connected devices and sensors in everything from doorbells to cars to assembly lines.
All these trends create tremendous business advantages and human progress, but also provide exponentially more opportunities for cybercriminals to attack.
Not surprisingly, a recent study found that the global cybersecurity worker gap—the gap between existing cybersecurity workers and cybersecurity jobs that need to be filled—was 3.4 million workers worldwide.2 Resource-strained security teams are focusing on developing comprehensive cybersecurity strategies that use advanced analytics, artificial intelligence and automation to fight cyberthreats more effectively and minimize the impact of cyberattacks.
Πηγή: IBM