Who could forget the iconic cyber breach that broke all the cyber crimes record in history? When Yahoo was attacked back in September 2016 by cyber criminals to which it had compromise on 500 million users accounts. The most shocking fact that came aftermath was the breach was conducted two years earlier, and Yahoo failed to mention it. Coming to a bit latest, the Marriott hotel group and Quora also suffered from a severe cyber breach in 2018. What’s most shocking is that even these renowned online businesses are unable to control cyber crime? In this digital age of cyber criminals and hackers, managing the information and user data has become more challenging than ever. Throughout the world cyber crime is an attention grossing problem, every business that is connected with the internet is within reach of a cyber breach. Therefore, cyber security has become the primary concern of every business leader. According to 2017 research study conducted on security by IBM on 283 organisations in 16 industries and twelve different countries. The ratio of the cyber breach has reached approx. $4 million exceeding the scale by 30% from 2013. The study further reveals that the violations were the product of malicious attacks which are more expensive to remedy. Therefore, hinting explicitly that loses are caused in both direct and indirect forms. Many businesses came to citing downtime or lost productivity because of the harmful side-effect of this criminology. Here are some of the alarming dangers that organisations might face: 1.Data theft turning into data manipulation Even cyber criminals have got smarter and altered their methods of hacking. Instead of hacking the website or data theft, they intend to damage business by attacking its data integrity. It ruins the reputation of the company in the long-term by effects. It leaves the groups answerable to users about their integrity of data. 2. Security skills demand will be increased. When companies realise that they have insufficient cyber security skills within an organisation, when they might fell in the trap of cyber crime by getting their processes, communications, user data hacked, when they realise that the IS strategy is not strong enough for resisting hackers from theft, then they would look for initiatives in-sourcing cyber security to ensure security for their organisation. 3.Attackers will become more commercial and bold: Cyber criminals will become more commercialised and advance by setting up their territories like hidden call centres to offer their services. They might tend to bespoke or decode some targeted codes faster than defenders ability to conceal it. They might use Dark web to hide their identities or base themselves in countries where cyber crime is barely considered a crime to save themselves from police jurisdiction and state laws. Will 2019 see organisations looking to appoint a chief cyber crime officer? These massive mishaps and growth rate of cyber breach raises the questions that what are the dangers the organisation might face in coming 2019? In the essence what initiatives shall be taken to resolve them? Thus, hiring a chief cyber crime officer would be sufficient for businesses. Many corporations have been are bonded with GDPR order by EU to hire a Chief Cyber crime Officer in an organisation to protect an organisation from cyber threats. As the industry is evolving with time, the companies hiring CCO would defend them from endangering their loss of reputation, financial loss, and improved security infrastructure, harmful media exposure on any cyber crime and user data security. With the advancement in artificial intelligence and other technologies, the world has never been so unprotected in terms of accessing any user's data or harm their reputation in different ways. It has become a massive subject for extensive researches on a higher level. Therefore, the student may hire Buy Essay Papers to get their research work completed on such diverse and complex issue with perfection.
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AuthorCharlotte Berry is a professional academic consultant and writer at Pen My Paper. Archives
May 2019
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