Because there’s so much money to be made from attacks against businesses, today’s cybercriminals are highly skilled and very well-funded… and that makes them an even bigger threat to enterprises.
Cybercriminals are running efficient organizations that have the resources to develop increasingly sophisticated threats that can:
Defraud enterprises
Steal valuable intellectual property
Disrupt day-to-day business operations
Steal confidential information about customers
Hold businesses to ransom – by encrypting and ‘locking up’ essential data
Direct financial losses – from the actions of the attack itself
Damaging publicity and loss of business reputation – that could take years to recover from
Financial and legal penalties – imposed by regulatory bodies
Indirect financial losses – owing to the costs to recover systems and data to their pre-attack state