Cybercrime is growing by 15% each year and is expected to reach $10.5 trillion (£7.6 trillion) by 2025, representing the third largest “economy” in the world, after the U.S and China. It’s big business – for criminals – and poses a serious reputational and financial risk to organisations.
Given the scale and complexity of the topic, we’ll be running a series of blogs on the subject of cybercrime – looking at how organisations have been affected globally and what businesses can do to better protect themselves. We will cover the following topic areas in more detail:
- Understanding the cybercrime landscape: In a rapidly changing and increasingly digitised world, what are some of the cyber threats to be aware of? We will look at high profile examples of cybercrime and evaluate what lessons can be learnt.
- Getting your house in order: How can businesses better protect themselves from cybercrime? From assessing areas most at risk, to protecting key assets and supply chains, businesses need to have a cyber strategy for dealing with modern-day threats. We will consider how businesses can better manage cyber security – from utilising cloud technology and obtaining quality insurance, to bringing in consultants to support with digital transformation.
- Future gazing: The sophistication and frequency of cyber-attacks will only increase. We will review some of the predictions for the future, giving organisations insight into how better to protect themselves.
With our reliance on technology ever increasing, and cyber-attacks more prevalent and audacious, it is both a business and moral imperative to stay cyber secure. In our cybercrime series, we aim to educate and guide businesses through the complexity. Watch this space for our first blog on the subject.