Organizations are under an ever-growing host of threats. We’re seldom as safe as we think. Information Security Forum’s Steve Durbin outlines some standard beliefs it’s time to call into question.
While the internet is an essential business conduit for countless organizations, it also harbors many serious security threats. Cybercrime is positively thriving in the midst of a pandemic that has caused major disruption across the globe. The specter of state-sponsored attacks, the rapid proliferation of connected devices and the difficulty of securing disparate networks spanning countless cloud services has fostered an ideal environment for cybercriminals.
Business losses due to cybercrime data breaches are expected to top $5 trillion by 2024, according to Juniper Research – an increase of almost 70 percent from 2019. With 5G networks on the horizon offering greater connectivity and speed, the threat of targeted campaigns by cybercriminals looms large, and concerns about the damage malicious insiders can wreak are growing.
Complicating these threats, and throwing up barriers to solving them, are some widely accepted business paradigms that need to be challenged.
1. Overreliance on Technology Over People
Digital transformation has progressed rapidly across the business world, and it has brought many benefits,…