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Direct Post #6 - Innovators Circle - Combating the Growing Threat Garrett extract CIPHER - v2.pdf | 143.57 KB |
Abstract
Combating the Growing Threat: How Public & Private Entities Can Fight Cybercrime
Worldwide, companies are now spending billions of dollars on cybersecurity hardware, software,
and professional services. The global damages from cybercrimes are predicted to exceed $7 trillion
in 2022 and grow at an annual rate of over 15%, according to Cybersecurity Ventures.
To increase safety all over the world, we need to prioritize cybersecurity by beginning all
information technology (IT) and operational technology (OT) modernization projects with
cybersecurity in mind. We also need to allocate more funding to cybersecurity, on both a public
and private sector basis...
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