Hybrid and remote workforces, accelerated cloud usage and interconnected supply chains all help modern organizations become more agile and responsive, but there’s a price to be paid.

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

The total volume of email-borne phishing campaigns has more than doubled over the past three years, with nearly 90 percent of organizations experiencing data breaches as a result. Analysts warn that an elaborate new technique may allow malicious actors to get their hooks into even more prey.

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.