The extent of cyber threats

Global cyber threats continue to develop at a rapid pace, with an increasing number of data breaches every year. In a RiskBased Security report , it was revealed that a staggering 7.9 billion records have been exposed by data breaches in the first nine months of 2019 alone. This figure is more than double (112%) the number of records exposed in the same period during 2018.

Medical services, retailers and public entities suffered the most leaks, with malicious criminals responsible for the majority of incidents. Some of these sectors are more attractive to cybercriminals as they collect financial and medical data, although all companies that use the networks can be attacked to steal customer data, conduct corporate espionage or launch attacks on their customers.

With the spread of cyber threats ever increasing, the International Data Corporation predicts that global spending on cybersecurity solutions will reach an impressive $ 133.7 billion by 2022. Governments around the world have responded to the increases. cyber threats with guidance to help organizations implement effective cybersecurity practices.

In the United States, the National Institute of Standards and Technology (NIST) has created a cybersecurity framework . To counteract the proliferation of malicious code and aid in early detection, the framework recommends continuous, real-time monitoring of all electronic resources.

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The importance of systems surveillance is reflected in the '10 Steps to Cybersecurity ' guidance provided by the UK Government's National Center for Cybersecurity. In Australia, the Australian Cyber ​​Security Center (ACSC) regularly publishes guidance on how organizations can counter the latest cybersecurity threats.

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