In a highly connected digital world today, geographical boundaries don’t really exist. This enables cyber criminals to find global opportunities to exploit businesses and individuals. Businesses, governments, or individuals cannot fight this menace individually. Fighting fraud needs everyone to come together and make a concerted effort.
Cyber criminals are tech-savvy and know how to mobilize their resources well. They tap into a parallel, full-fledged ecosystem of cyber crime support system for tools, scripts, and resources to launch increasingly complex attacks. Cyber criminals continuously steal data through data breaches and phishing schemes to supplement their databases of crucial information about businesses and consumers. They share and sell expertise as well as stolen information amongst themselves. This not only helps them sharpen their skills and orchestrate sophisticated attacks but also to evade detection.
Fighting cyber threats
The fight against cyber crime begins with gathering crucial information about risks—both contextual and situational. This intelligence helps businesses anticipate and maneuver resources to prevent a cyber attack. That is not to imply that…
