- September 27, 2021
- Posted by: Stratford Team
- Category: Business
Global cybercrime trends mean annual damages will hit $10.5 trillion by 2025, representing $11.4 million in of damages incurred per minute and $16.4 billion per day. Not only is cybercrime one of the fastest growing markets on the planet, but according to Cybercrime Magazine it also represents the greatest transfer of wealth in human history.
Survive a cyberattack: 7 things business owners must do in 2021
Successful cyber attacks often start by targeting company employees via social engineering, the psychological manipulation of people into performing actions, including divulging confidential information or granting access to critical infrastructure. Social engineering is the primary way cyber criminals gain access to sensitive data, infrastructure and money.
Adam Anderson is co-founder of Hook Security, providing cyber security awareness training, and managing general partner of Ansuz Capital, a cybersecurity…