5 Threats Shaping the 2022 Cybersecurity Landscape

The past two years have been great for business — if you’re in the cybercrime business. Economists say cybercrime now generates at least $1.5 trillion in revenues every year, roughly equal to the annual GDP of Russia. It is now more profitable than the global trade of all major illegal drugs combined.

Strength in Numbers

Multifactor authentication goes to extra lengths to improve security.

Hackers don’t usually try to force their way into corporate networks by defeating cyber defenses. Instead, they’re more likely to gain entry using legitimate user credentials.

According to the Verizon 2021 Data Breach Investigations Report, 61 percent of security breaches involved credential abuse.

Protect Your Cloud Assets with Cloud Firewalls

As organizations of all sizes continue to move more data and workloads to the cloud, most are facing significant new security challenges. Ninety-eight percent of companies surveyed recently by IDC said they experienced at least one cloud data breach within the previous 18 months, with 67 percent reporting three or more such incidents.

Don’t Improvise Your Cyber Threat Response

How would your company respond to a cyberattack at this very moment? Alarmingly, few organizations have a good answer for that question.

Less than one-quarter of U.S. businesses have a formal cybersecurity incident response plan (CSIRP) in place, according to a study by the Ponemon Institute and IBM, making it nearly impossible to respond to serious threats in a timely manner.

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