Businesses continue to face modern cyber attacks such as ransomware threats and data breach incidents. In the wake of a non-stop onslaught from advanced hackers, it seems that no matter what defensive measures organizations put in place, cyber adversaries and malware authors are able to circumvent them.
Cybercriminals are not only motivated to target high-profile enterprises; in fact, they tend to look at smaller and emerging businesses more because they are vulnerable targets. Most small and mid-sized companies come to face a double-whammy when it comes to protecting corporate networks and having the foresight for tackling increasingly difficult mandates in governance, risk management and compliance (GRC) for long-term success.
First, they struggle to commit larger budgets to finance evolved security fixes. Secondly, even if they are prepared to invest in modern defenses, they either suffer from a lack of in-house expertise or find it extremely difficult to source the right talent, such as a chief information security officer (CISO), from the market. This is because there’s a serious dearth of skilled and experienced security professionals.
Findings from Verizon’s latest…
