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The collective impact of cybercrime is staggering.

Billions of dollars are lost every year repairing systems hit by cybercriminals. Besides the incredible financial damage inflicted on 80% of U.S. businesses, cybercriminals also take down vital systems, disrupting and sometimes disabling the work of hospitals, banks and 9-1-1 centers around the country.

According to the FBI — the lead federal agency for investigating cyberattacks – cybercriminal profiles run the gamut from computer geeks looking for bragging rights, to businesses trying to gain an upper hand in the marketplace by hacking competitor websites. There’s also rings of criminals wanting to steal personal information and sell it on black markets as well as spies and terrorists looking to rob the United States of vital information or launch cyber strikes.

For organizations, companies and agencies, it all comes down to this: You can’t invest enough time and resources in thwarting inevitable cyber-attacks.

The collective impact of cybercrime is staggering.

Billions of dollars are lost every year repairing systems hit by cybercriminals. Besides the incredible financial damage inflicted on 80% of U.S. businesses, cybercriminals also take down vital systems, disrupting and sometimes disabling the work of hospitals, banks and 9-1-1 centers around the country.

The risk and severity of cyber-attacks have clearly grown over the past few years. Since 2018, organizations have witnessed the most horrific cases of cybercrimes related to massive data breaches, flaws in microchips, cryptojacking, and many others. 

Why is this happening? The advancement of technology and the wide use of digital media is making attackers smarter by the day. Also cybercriminals take advantage of individuals and firms who put cybersecurity on the back burner. They target everything from an established online store to a just launched blog to gain access to sensitive information.

In the past, ransomware, phishing and IoT-based attacks have received the lion’s share of attention. But according to a Threat Horizon report, there’s a whole new generation of cybercrime to watch for, which can be bunched under three main themes:

  • Disruption: Over-dependence on fragile connectivity will increase the risk of premeditated internet outages that compromise business operations. Cybercriminals will use ransomware to hijack the Internet of Things.
  • Distortion: Spread of misinformation by bots and automated sources will cause compromise of trust in the integrity of information.
  • Deterioration: Rapid advances in smart technologies and conflicting demands posed by evolving national security will negatively impact an enterprise’s ability to control information.

While no panacea exists to eliminate cyber-attacks, cybersecurity professionals recommend education – especially in the form of cybersecurity training – as a starting point for organizations looking to firm up their cybersecurity master plans.

Tonex offers a wide circle of cutting edge cybersecurity courses that are relevant now. Contemporary courses are important because the cyber threats of a few years ago are very different from what you can expect now and in the near future.

For more information, questions, comments, contact us.



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