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Cybercrime: A Global Threat to Industries

Cybercrime is a continuous global threat to many industries. The risk associated with it is forcing the firms to spend large amount of money in hiring new technologies, devices and experts to combat it. Verizon Data Breach Investigations Report (DBIR) is the leading source of information about the cybercrime and security breaches, according to which 100,000 incidents of cybercrime have been observed across many industries this year. When a business becomes a victim of cybercrime, its employees, shareholders and customers also get affected. The major attack patterns identified by the report are: insider and privilege misuse, denial of service (DoS) attacks and web application attacks.

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