Decoding cyber insurance policies is among the CISO’s duties. (Credit: Bartek/Adobe Stock)
Cyberattacks relentlessly target every sector, whether it’s industries still reliant on outdated legacy systems or those with the latest cutting-edge technology.
Hospitals, banks, energy companies, retailers, manufacturers and logistics suppliers are all targeted and victimized. The reality is that no matter how advanced the industry, cybercriminals are finding vulnerabilities in the attack surface faster than the security experts can identify them. These attacks are not only growing in frequency but also becoming increasingly sophisticated. As a result, global cybercrime damages are projected to rise by 15% annually, Forbes reports, reaching a staggering $10.5 trillion USD by 2025.
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Paul Caron
S-RM is a global corporate intelligence and cyber security consultancy.
