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Cyber Security Bulletin: Phishing Attacks Are On The Rise
As the world becomes increasingly digital, cybersecurity threats are on the rise. Information has become the new oil, and security breaches continue to take place on a daily basis. While not all breaches will be as high-profile as the 14 Dec 2018 breach against Facebook, the frequency with which breaches are happening is alarming.
According to Cyber Crime Diary, in the last quarter of 2018, there was a total of 102 cybersecurity breaches. And these are the larger breaches that were reported. Many smaller-scale breaches go unreported. Cybersecurity experts estimated that in 2021, cybercrime damages cost the world $6 trillion. This is exponentially more than the damage inflicted from natural disasters in a year, and definitely more profitable than the global trade of all major illegal drugs combined.
It is therefore imperative that any individual that is online knows how to prevent and mitigate cybersecurity threats. This knowledge will not only protect the individual, but also the organizations they work for. In the new economy, proprietary information is an organization’s strategic edge, and business competitors and cybercriminals will rely on industrial espionage to collect proprietary recipes and formulas, operational data, customer database, research and…
