Cybersecurity

Despite record levels of cybersecurity spending in 2021, senior IT leaders remain pessimistic about their organizations’ overall security posture. Nearly 80 percent of those polled recently by IDG said their organizations aren’t adequately protected against increasingly sophisticated cyber threats.

Long before Halloween was over, the candy and goblins were shoved aside to make room for Christmas gifts and decorations. Many consumers are starting their Christmas shopping early this year amid concerns of supply chain bottlenecks and inventory shortages.

Ransomware attacks have skyrocketed. An IDC study found that approximately 37 percent of organizations have fallen victim to some form of ransomware. Phishing, denial of service attacks and cryptojacking are also on the rise, with damages related to cybercrime expected to exceed $6 trillion globally in 2021.

There’s no such thing as bulletproof security. It simply doesn’t exist. Even organizations with world-class security controls can fall victim to zero-day exploits, weak or stolen passwords, or user error.