Hackers for hire costing business millions and helping keep cybersecurity unemployment at 0%
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Hadi Khatib -
August 28, 2020
- UAESMESCYBERSECURITYBUSINESSHACKERCYBERFINANCEBLACK HAT HACKERSETHICAL HACKINGCYBER CRIMINALS
Cybercrime has quickly become today’s fastest-growing form of criminal activity. Hackers are so good and costly to businesses, that these same businesses are hiring them
- Digital incidents are now costing businesses of all sizes $200,000 on average
- Criminals use the Darknet to buy and sell products and information but to also enlist “Hackers for Hire”.
- 78% of hackers used their hacking experience to help them find or better compete for a career opportunity
According to research group Cybersecurity Ventures, cybercrime will cost the global economy $6 trillion annually by 2021, up from $3 trillion in 2015.
In an age of ongoing digital transformation, cybercrime has quickly become today’s fastest-growing form of criminal activity, ranging from ransomware and data leaks to commercial espionage.
With 43% of online attacks now aimed at small businesses where only 14% prepared to defend themselves, owners are increasingly making high-tech security a top priority.
Digital incidents are now costing businesses of all sizes $200,000 on average, and around 60% go out of business within six months of being victimized.
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https://www.ameinfo.com/industry/finance/hackers-for-hire-costing-business-millions-keeping-cybersecurity-unemployment-at-0
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Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.