Due to the migration of operations to the web the threats of cybersecurity intensify
Due to the migration of operations to the web, the threats of cybersecurity intensify. The phenomenon of digital transformation that engulfed the business world back in the last decade has gained momentum at an alarming pace over the last few years. Physical offices are no longer the primary location of work, companies process payments via cloud services, and they keep sensitive customer data on servers accessible anywhere and by anyone. This change has introduced unprecedented efficiency and flexibility- however it has been the Pandora's box of new vulnerabilities. Cybersecurity threats are increasingly more damaging, sophisticated and difficult to protect against as businesses shift operations online, which just increases the quantity of threats. The Scale of the Threat Numbers are staggering. By 2025 cybercrime damage in the world will have reached a prognosis of 10.5 trillion annually, becoming the third-largest economy worldwide, after the US and China. The number is also qui...