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1. Cybercrime is the fastest growing branch of crime

Long gone are the bank heists of Hollywood films; cybercrime is easier, safer, and more profitable for criminals. Cybercrime usually has one of two goals: the first is to make money, and the second is to make a political or social statement through “hacktivism.” Either type has serious consequences for businesses of all sizes, and by 2021, global cybercrime damages are expected to cost over $6 trillion annually, up from $3 trillion in 2015.

2. Cryptomining is on the rise

Ransomware was the major cyberattack in 2017, but this year cryptomining has taken predominance as the most common type of attack. Cybercriminals use malware to hijack a victim’s CPU’s power to mine cryptocurrency. Approximately 42% of companies globally were hit with a cryptomining attack between January and September 2018. Unlike ransomware, cryptomining is discrete and may go unnoticed for months or longer.

3. Phishing is just as common as ever

Despite increased awareness of phishing, targeted phishing emails are still the most prolific cyber scam and frequently trick victims into giving up sensitive information. Phishing emails will typically use the name of a well-known and trusted brands such as Microsoft, Amazon, or Bank of America. Using Domain-based Message Authentication and Conformance (DAMRC) can help brands protect their customers and authenticity.

4. AI is a double-edged sword

Many technology vendors have begun incorporating artificial intelligence and machine learning to more quickly and efficiently target and prevent security breaches. However, AI could potentially pose a new security threat through “AI poisoning,” which teaches the AI to either identify its own network as a threat or overlook certain types of breaches.

5. Accuracy is the priority

For companies looking for protection from cyber attacks, there is no one-size-fits-all for cybersecurity. Accuracy is a key factor here, since an overprotective security solution may needlessly hinder internal activities. To adequately address the complexity of a cyber threats with pinpoint accuracy, an experienced team of professionals like INFRASI can help you establish a digital security solution that’s right for your business.

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