Intelligent CIO Europe Issue 12 | Page 25

LATEST INTELLIGENCE WHITE HAT, BLACK HAT AND THE EMERGENCE OF THE GREY HAT: THE TRUE COSTS OF CYBERCRIME M alwarebytes engaged Osterman Research to undertake an in-depth survey of security professionals in five countries. The goal of the research was to understand the organisational costs associated with cybercriminal activity and to understand what motivates some security professionals to join the ‘dark side’ – i.e., to become either ‘grey hats’; who participate in criminal activity while also working as legitimate security professionals; or full-fledged ‘black hats’; who operate solely within the realm of the cybercriminal underworld. About the survey Osterman Research conducted the survey during May and June 2018 with a total of 900 security professionals. Two hundred of these individuals were surveyed in the US and 175 were surveyed in each of the following countries: the United Kingdom, Germany, Australia and Singapore. In order to qualify for the survey, respondents: • Must be involved in managing or working on cybersecurity-related issues in their organisations • Must work for an organisation that has between 200 and 10,000 employees A wide range of industries were surveyed but the largest industries represented in the global survey were financial services/insurance (10%), manufacturing (10%), retail (9%), technology (9%) and healthcare (9%). Please note that where dollar values are shown in this report, they were collected in local currencies and converted to US dollars using published exchange rates as of mid- June 2018. n Download whitepapers free from www.intelligentcio.com/me/whitepapers/ www.intelligentcio.com INTELLIGENTCIO 25