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14 Nov Cybersecurity in Crisis: How to Combat the $10.5 Trillion Cybercrime Surge
This week in cybersecurity from the editors at Cybercrime Magazine
–Read the Full Story in The CTO Club
Sausalito, Calif. – Nov. 14, 2024
With global cybercrime costs projected to reach $10.5 trillion annually by 2025, according to Cybersecurity Ventures, organizations across industries are feeling the pressure to stay ahead of evolving threats.
An article published in The CTO Club gathers expert perspectives on the most pressing cybersecurity challenges of 2024, including AI-enhanced cyberattacks, data breaches, and human factors in security.
This year alone, we’ve seen a staggering 57 percent increase in ransomware attacks, with threat actors employing more sophisticated methods to breach systems, hold data hostage, and disrupt business operations.
Perhaps most alarming is the rise of AI-enhanced cyberattacks, where malicious actors are leveraging machine learning to automate attacks, making them faster, more effective, and harder to detect. Meanwhile, the challenge of securing remote workforces continues to dominate discussions, with 43 percent of businesses still struggling to protect endpoints as employees access sensitive data from personal devices.
The CTO Club provides key insights from Cybersecurity experts to help discover actionable strategies to fortify your defenses.
Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:
- SCAM. The latest schemes, frauds, and social engineering attacks being launched on consumers globally.
- NEWS. Breaking coverage on cyberattacks and data breaches, and the most recent privacy and security stories.
- HACK. Another organization gets hacked every day. We tell you who, what, where, when, and why.
- VC. Cybersecurity venture capital deal flow with the latest investment activity from various sources around the world.
- M&A. Cybersecurity mergers and acquisitions including big tech, pure cyber, product vendors and professional services.
- BLOG. What’s happening at Cybercrime Magazine. Plus the stories that don’t make headlines (but maybe they should).
- PRESS. Cybersecurity industry news and press releases in real time from the editors at Business Wire.
- PODCAST. New episodes daily on the Cybercrime Magazine Podcast feature victims, law enforcement, vendors, and cybersecurity experts.
- RADIO. Tune into WCYB Digital Radio at Cybercrime.Radio, the first and only round-the-clock internet radio station devoted to cybersecurity.
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