Cybersecurity

Cybercrime has evolved into a full-blown existential threat, creating financial and operational burdens that many organizations simply cannot overcome.

Modern businesses depend on the Internet more than ever — analysts say global Internet usage has increased by an astonishing 1,355 percent since 2020. That increased online presence has been a boon for hackers and other malicious actors, with one recent study estimating that 85 percent of all malware is now delivered via web browsing.

On Feb. 5, 2021, a hacker accessed computer systems at the Oldsmar, FL, water treatment facility and raised the level of sodium hydroxide (lye) in the water to more than 100 times the normal level. Fortunately, an alert employee noticed the change and reversed it before there was any adverse effect.

The trend toward remote and mobile work was already picking up steam prior to 2020. The pandemic accelerated this shift and, in many cases, organizations didn’t have time to secure their endpoints. Today, employees are using their own devices and accessing resources through the cloud more than ever, but endpoint security is still lagging behind.