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The Rise of Cybercrime – An Overview

Cybercrimes are more rampant in the year 2022. The rate of cybercrimes is increasing every year, and it is expected to reach its highest next year. It is said that cybercrime affects the security of more than 80% of businesses throughout the world today. It is mainly due to the limited capabilities of authorities in monitoring cyberattacks because this type of crime is performed using the virtual world.

According to the cybersecurity stats, more than half of cyberattacks are done through ransomware attacks. The statistics further stated that healthcare databases are the most targeted because of their importance to businesses. In addition, social media websites are also abused to spread malware and viruses or compromise sensitive information.

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Taking a Proactive Approach to Cybersecurity With Laurie Williams [Podcast]

The SolarWinds hack in December of 2020 is considered one of the largest and most sophisticated attacks known to date. The attack, which potentially put 18,000 public and private organizations at risk, was used as a springboard to compromise a raft of U.S. government agencies. SolarWinds later claimed that less than 100 were actually hacked as a result. 

According to experts, this hack could be the catalyst for broad changes in the cybersecurity industry, prompting companies and governments to devise new methods on how to protect themselves and react better to breaches and attacks.

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Top 10 Cybersecurity Trends For 2022

Cyberattacks are common these days. Hackers expose personal information or even worse they can adversely affect the normal working of your business by either shutting it down for many hours or days.

The shifting of the companies to remote areas after the pandemic has hit the world and exposed the companies to attacks from such hackers. COVID has caused a surge in cyberattacks since worldwide disruptions are ideal for cybercriminals to operate in. The security deficiencies are causing billion-dollar losses.

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Impulsive Impact of AI and ML on Document Verification Solution

The rate at which data production is progressing is directly proportional to the human population evolving on this earth. Do you know that humans tend to produce more than 2.5 quadrillion bytes of data on a regular basis?

Hackers are unfortunately attaining benefit from this immensely produced data, due to which an increasing amount of data breaching activities are happening all across the globe. Recently in March 2021, 20 million records were breached and the number is estimated to increase in the upcoming years. This all boils us down to the reality check that it’s high time for enterprises to attain appropriate solutions to combat illegal activities.

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A Formula for Success: AI-Powered Online Document Verification

Identity theft cases are progressing by leaps and bounds in this modern age of technological advancements. The rate at which fraudulent activities are evolving is directly proportional to the momentum at which technology is progressing. Also, the data production rate is increasing with the progression of the human population. Do you know that 2.5 quadrillion bytes of information are generated each day? 

Considering the rate at which data is produced and utilized all across the globe, the acquisition of sophisticated measures for the protection of such data is something that must not be neglected by enterprises of all sizes at any cost. Keeping in view the swift pace of progression in identity theft cases, robust mechanisms such as real-time identity verification solutions, especially document verification must be incorporated for the enhancement of security protocols and to combat illicit money transfers, counterfeits, chargebacks, and other relevant fraudulent activities. 

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Get a Free Cybersecurity Kindle eBook Until June 18th

MSPs and SMBs: how are you protect yourselves and your clients?

Small and Midsize Businesses (SMB) often lack the resources and knowledge that large enterprises can leverage to help protect themselves. How can the SMBs in general and Managed Service Providers (MSPs) learn how to protect themselves and become aware of affordable enterprise-grade cybersecurity concepts and solutions?

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Cybersecurity tips to protect your business from online security threats

Small business owners think that cybercriminal attacks are only a thing for the multi-billion dollar companies to worry about. However, criminals also love to prey on small and medium-sized businesses. Implementing a robust cybersecurity plan to help in reducing the levels of criminality is a need that small business owners must also meet. There are Read More →

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