Not everyone can hire a cyber security expert. Globally, 70% of employers plan to increase the size of their cybersecurity staff this year. Not only is there a lack of cybersecurity professionals to meet this skyrocketing demand, but there are even fewer of what are called “unicorns” — security experts who understand networks and know how to protect them.
The Dark Web never sleeps. The Dark Web is a breeding ground for cybercrimes and hosts all types of tools required to execute them, including malware for purchase and cybercrime services, so that criminals don’t even need to be technical experts to launch a major attack. As the Internet becomes an open field for predators, organizations must hunt around the clock.
Checking the compliance box doesn’t stop the breach. When it comes to managing data and hiring or outsourcing talent, many companies face budget constraints that stem from compliance. Businesses must be compliant, but compliance and security are not interchangeable when it comes to cyber attacks. Compliance is critical but shouldn’t be confused with security.
Reputation is on the line. Just as most travelers in the past never casually chatted about a phishing scam, board members didn’t dabble in cybersecurity concerns. Today, it’s a different story. There is a tremendous fear of a cyber-attack severely damaging brand image and the bottom line.
When everything is connected, security is everything. Our businesses are more exposed to unseen risk than ever before from employee devices, automated manufacturing, the global supply chain, and the Internet of Things. The cyber-attacks that are not visible by just looking at your own networks could cause harm to information and operational technology.