Cybercriminal activity is flourishing and is now considered one of the biggest challenges that humanity will face over the next 20 years.
Cybercrime casts a wide net. No business, agency, organization or individual is immune. According to the 2020 Official Annual Cybercrime Report by Cybersecurity Ventures, cybercrime will cost the world in excess of $6 trillion annually by 2021 – up from $3 trillion in 2015.
Organizations have already seen security breaches grow by 67% in the past five years alone.
Why is this happening?
Gone are the days of simple firewalls and anti-virus software being a company’s sole security measures. The rise of digitalization and other more advanced technological architectures has changed everything.
Cybersecurity risk is increasing driven by global connectivity and usage of cloud services to store sensitive data and personal information. Widespread poor configuration of cloud services paired with increasingly sophisticated cybercriminals means the risk that your organization can suffer from a successful cyberattack is on the rise.
And now it’s not just cybercriminals that organizations need to worry about. Cybersecurity breaches have other consequences. Government regulations mandate organizations have cybersecurity controls in place to protect sensitive data or face considerable fines. Cybersecurity laws include:
- Payment Card Industry Data Security Standards (PCI DDS) — Any organization that accepts payment card – credit cards, debit cards etc. – is subject to this law developed by the payment card industry. Organizations must meet 12 requirements related to securing payment card information. Being in breach of PCI DDS exposes organizations to minimum fines of $5,000 per month and maximum fines of $100,000 per month.
- General Data Protection Regulation (GDPR) — This sweeping set of regulations is designed to protect the personal information of all citizens in the European Union. Since many U.S. businesses work with European firms and customers, these businesses must comply with GDPR. Unlike most other cybersecurity laws, this one mandates the use of encryption. GDPR is also especially punitive, with fines potentially totaling tens of millions of dollars.
- HIPAA — The fine is calculated based on the number of medical records exposed, with fines ranging from $50-$50,000 per record. Fines are capped at $1.5 million per year, but organizations may receive the maximum fine for multiple years. Violators may even face prison time ranging from 1-10 years.
- GLBA — Organizations are fined up to $100,000 for each violation of this law, and the officers and directors of the organization may be fined up to $10,000 personally. Individuals may also face up to five years in prison.
If you are not yet worried about cybersecurity, you should be. Leveraging automation, artificial intelligence, and machine learning can potentially save over $2 million — however, only 38% of businesses have adopted this solution so far.
Just remember: Cyber threats can come from any level of your organization. Cybersecurity professionals emphasize the importance of educating staff about simple social engineering scams like phishing and more sophisticated cybersecurity attacks like ransomware or other malware designed to steal intellectual property or personal data.
Cybersecurity training is invaluable, and, quite frankly, can protect your organization from disaster.
We can help. Tonex offers nearly four dozen different Cybersecurity Training Courses, Seminars and Workshops in areas that include Cybersecurity Foundation, IoT Security, Risk Management Framework Training and Wireless Security Training.
Space Operations and Cybersecurity
Risk Management Framework Training
Wireless Security Training
Participants are introduced to a wide variety of topics including cutting edge ways of mitigating cybersecurity vulnerabilities and protecting information systems of cyber-resilient environments, mobile devices, networks or cloud computing systems.
This along with the continued emphasis on teaching employees the best cybersecurity practices for preventing bad actors from getting a digital foothold into a company’s sensitive infrastructure.
Who Should Attend?
Cybersecurity courses are designed for all IT professionals, security scientists and government personnel who want to learn the foundation of cybersecurity in detail as well as keep up on trends in the cybersecurity field.
- Tonex has been documenting the cybercrime evolution for nearly 30 years when it first began training organizations on how to better deflect contemporary cyberattacks.
- Our Cybersecurity training courses and seminars are continuously updated so that they reflect the latest industry trends, and they are also created by specialists in the industry who are familiar with the market climate.
- So far we have helped over 20,000 developers in over 50 countries stay up to date with cutting edge information from our training categories.
- We’re different because we take into account your workforce’s special learning requirements. In other words, we personalize our training – Tonex has never been and will never be a “one size fits all” learning program.
- Ratings tabulated from student feedback post-course evaluations show an amazing 98 percent satisfaction score.
Contact us for more information, questions, comments.