One can argue that Cyber-crime is one of the main threats facing businesses in the modern world. So much, in fact, that it’s expected to cost the world as much as $6 trillion annually by the year 2021. This is a startling fact and speaks volumes to the all-too-often overlooked dangers of cyber-crime in this day and age. Because of this, it is important for firms to ask themselves where they are failing in cybersecurity, and how they can take more meaningful measures towards protecting themselves.
Failures in Cybersecurity
According to The Atlantic, only approximately one-half of all CEOs believe they are ready for the eventuality of a cyber attack or breach. This means that the other half, the unprepared ones, are vulnerable to breaches from attackers and malicious sources. Not only is this threatening to the companies under attack, but also to every individual with data stored with them. This includes employee data, purchase history, credit card information, etc. The list is seemingly endless. This represents a glaring failure from CEOs who have not taken measures towards protecting their companies and customers from the ever-growing threat of cyber criminals.
Difficulties of Preventing Cybercrime
The internet is the world’s single greatest hub for both innovation and imagination, and it seems that little can be accomplished without it nowadays. Because of this, the cyber criminals who dwell in the dark web are looking to outpace the innovation of individuals trying to prevent cyber-crime. The very nature of cyber-crime is that — more often than not — a problem must exist before there can be a solution to it. Then, by the time a solution is developed, it is entirely possible that an all-new problem has also been created. Imagine Hercules cutting off the head of the Hydra, only for two more to take its place. However, there may be a solution to these issues.
Solutions for Preventing Cybercrime
Bolstering your cybersecurity can prove to be a daunting task. Most importantly, the first step to take is to hire individuals to manage your cyber-security needs. A study by Cybersecurity Ventures found that by 2021 as many as 3.5 million cyber-security jobs will go unfilled. This obviously poses an issue, so it is important for you to begin hiring individuals with an IT or cyber-security background to fill these positions. You can easily achieve this with the help of an IT Staffing firm like EDI Staffing. Whatever method you may choose, the most important part is that you build a team capable of bolstering your cyber-security.
Another effective way to enhance your cyber-security is to do your homework. Try to understand where your security measures are lacking, and where you can implement new defenses. In fact, according to The Atlantic, more than 75% of all cyber attacks exploit a failure to implement basic controls. This illustrates that the majority of cyber attacks can be avoided by at least understanding where new, basic steps can be taken to enhance cyber-security.
In short, cybersecurity is one of the most important fields in which a business can focus their resources. By taking meaningful steps towards more robust cyber-security, your company can better protect itself from one of the greatest threats to establishments in the modern world.
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