While we’ve just passed the halfway mark of 2018, data breaches and new threats have been plaguing businesses and organizations, exposing the data of millions of users worldwide. Apart from known and increasingly sophisticated threats, such as ransomware, the hype around cryptocurrency has led to the emergence of cryptojackers, a new problem organizations need to deal with.
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The topic of cybersecurity is rapidly moving up the agenda of CIOs.
It’s common knowledge that cyberattacks will escalate, so upper management has to develop an understanding of the threat landscape, the different types of attacks and what it all involves. Right now, the Trump administration is working on an executive order to clearly establish the duties of agency chief information officers.
Chances that ransomware will go away any time soon are slim, so security experts can’t emphasize enough the importance for enterprises to seriously invest in cybersecurity and focus on developing risk mitigation strategies to avoid being caught off-guard. For some reason, the number of businesses ready to pay ransom to get their data back is increasing, opening up endless opportunities for hackers working on complex malicious software to further compromise corporate networks.