Cybercrime is a global problem that is only going to get worse. In fact, according to a study by the Cybersecurity Ventures Research Institute (CVRI), global cybercrime damage is expected to reach $10.5 trillion annually by 2025. The report found that digital theft and fraud accounted for nearly two-thirds of all cybercrime damage in 2017. The report also stated that cyberattacks would likely become more sophisticated and challenging to detect in the coming years.
An estimated 3.5 million jobs will go unfilled by 2021 due to a severe shortage of skilled cybersecurity professionals. In addition, it is estimated that the global demand for information security analysts will reach approximately 1.8 million by 2021. However, only 400,000 people will be available to fill those positions. This skills gap will create a significant challenge for businesses looking to protect sensitive data from cybercriminals.
In response to the growing threat of cybercrime, businesses and governments are taking several steps to address the issue. This includes adopting new technologies and strategies to improve security and minimize the impact of data breaches. But despite these efforts, the threat of a cyberattack remains high, and businesses remain vulnerable to cyberattacks.
As the threat continues to grow, businesses need to protect their networks and data by investing in effective cybersecurity solutions. Some solutions include firewalls, encryption software, intrusion detection systems, and data loss prevention systems. For added protection, companies may also want to consider partnering with an experienced cybersecurity firm that can provide them with robust data security solutions and services.
Peris.ai is a complete enterprise cybersecurity solution that provides end-to-end protection for organizations against a range of attacks including ransomware, phishing, and social engineering. It helps customers manage security from a single cloud-based console and easily scales as their business grows. Key features include centralized management, flexible deployment options, customizable policies, and powerful analytics. Contact us at contact@peris.ai for further details.