Business is no longer the same as it was. The internet has transformed the world from a collection of pagers to completely distributed companies and entirely new items of value, such as crypto-currency.
As the world has shifted online, the criminal world has followed, and even led in some cases. Cyber crime has spiralled and is impacting every business across the world.
Unfortunately, with technology on the rise, there's more room for cyber crime in 2018. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security breach in the last 12 months. In the U.S., the state of California lost more than $214 million through cyber crime alone.
Before you can stop it, you need to understand it.
Phishing is a low-risk crime that can deliver huge payoffs, and today cybercrime is relentless, impacting hundreds of millions of people every year. The costs are steep, from compromised intellectual property, personal, and business information, to damaged reputations and lost opportunities, and with the rise of cryptocurrencies, and untraceable payments as a result, phishing can only be expected to rise.
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