Cybercrime a Growing Problem: How Can I Help?

The internet is becoming integral to businesses, governments, and individuals. This explains why more and more businesses worldwide are migrating into digital records and transactions. However, as this happens, the risk of cyber attacks has also increased, and hackers are pursuing financial gain through identity theft and fraud. Cyber security is now more important than ever.

According to The Washington Post, cybercrime total costs are estimated to be over 445 billion dollars every year. Hackers are nothing but persistent. Where most people see obstacles and choose to quit, hackers make their way through barriers and find other ways to bypass them.

They can invest weeks and even months or years devising new ways to do so. The payoff for these attacks can be huge. Many businesses are reporting increasing number of cyberattacks, and this has forced them to invest more in information security measures.

But the forecast for cyber security is not all doom and gloom. Just as criminal agents exist trying to hack into information and data, cyber security experts are here to help keep them at bay. Here’s some more information about how you can help fight the growing problem of cybercrime.

Cyber Attacks are Commonplace

Every day cyber criminals are becoming more organized and more industrialized. Most businesses are noting an emergence of a new industry that is thriving on the complex internet connectivity. Theft of intellectual property is increasing as cyber criminals target businesses.

Cyber theft of this nature increased by 56% in the year 2015, despite being among the most protected sectors, and it has withstood the worst of cyber activities. This recorded a 183% increase in intellectual property theft in the year 2016. These figures prove that cyber-attack activities aren’t random. Whether these criminals are conducting systematic DDoS attacks (distributed denial-of-service), selling email addresses, or stealing industrial secrets, they have discovered digital currency payment methods such as bitcoin that help them to conduct their illegal transactions securely and anonymously.

One of the unsettling statistics is that over 80% of companies in the U.S. have been hacked. Some of the big corporations such as Sony, Target, and Home Depot have in the recent years fallen victim of hackers. Hackers reveal a multitude of information and expose the harsh realities of cybercrime. 

Tools to Fight Cybercrime

IT Security as a Key Competitive Factor

Companies are becoming alert to cyber threats. Although ten years ago, information security was merely an IT topic, today it has become a boardroom issue because of its relevance to the success of businesses, including collaboration, digitalization, and cloud. In a recent survey, most companies have implemented information security management processes that are in line with ISO 27001 information security standards.

Data Analytics as a Key Factor

Several organizations are now looking at data analytics more closely as a weapon against cyber attackers. Analyzing big data is important because it enables companies to spot when something wrong happens and to neutralize resulting issues. The future of cyber security will depend on the combination of solutions that can help recognize security breaches and to analyze large volumes of runtime data.

What can you do?

Cyber security is of utmost importance nowadays due to the ongoing cyber threats that risk jeopardizing our web experience. Hackers and malware are becoming more complicated, and that is why becoming a cyber-security professional is a great thing. You could have the opportunity to learn more about cyber security, foresee emerging threats, and identify suitable solutions.

If you’re planning to join the war against cybercrime, it’s high time that you considered making a future out of it. If you’re a passionate technology enthusiast with a love of helping others, then you can impact digital society positively. 

Are you interested in the world of cyber security? Do you think you have what it takes to earn a Bachelor of Science Degree in Computer and Information Science with a Major in Cyber and Network Security? If so, ECPI University offers this degree program at an accelerated pace. Students could graduate with a bachelor’s degree in as little as 2.5 years. For more information about this program, connect with a friendly ECPI University admissions advisor today.

It could be the Best Decision You Ever Make!

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