FINAL WORD authentication credentials , to Personal Identifiable Information ( PII ) such as scans of passports , drivers ’ licenses and bank invoices .
Data exfiltration has become so valuable it ’ s now the backbone of all cyberattacks . And it may only take one breach to ruin your reputation and relationship with your customers . That ’ s why not having an effective cybersecurity programme in place puts your Business Continuity at risk . Because you ’ re either going to be one of those proactive organisations aggressively looking to strengthen your systems ahead of time , or the other type of business not doing that – and becoming more vulnerable with every passing day .
2 . Team up – cybersecurity has turned personal
Between collaborating cybercriminals , the upwards trajectory of data growth and the distributed workforce , the risk factor for every business is accelerating . This is one reason why we expect to see most businesses increase their general IT spending by around 5 – 10 % this year , despite the economic impact of the pandemic . And we expect most of that allocation to go towards IT security .
But even with these investments , it won ’ t be enough to cover all the potential threat vectors . So , businesses will still be forced to place strategic bets across their people , processes and technology in the hope of covering their weakest points .
For example , will you invest in the education of employees ( after all , people are always going to be the biggest weakness ), or put that money into optimising
Data exfiltration has become so valuable it ’ s now the backbone of all cyberattacks .
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