Why should businesses invest in cybersecurity? - the cost of cybercrime is on a rise.
If cybercrime organizations could be publicly traded, a new multibillion-dollar market would emerge. IT and network workers in a variety of industries have encountered the unexpected task of facilitating remote and hybrid working environments over the last year. As a result, significant changes to remote access designs and cloud-based services were required. Global cybercrime expenses are predicted to rise 15% yearly over the next five years, reaching $10.5 trillion by 2025, according to an analysis by Cybersecurity Ventures. The Middle East has seen an increase in cyberattacks in recent months, including phishing, scams, data breaches, and ransomware. Continue Reading