New research suggests that the rapid digitization of consumer's lives, combined with increasing cyber-crime activity, will push data breach losses up to US$ 2.1 trillion (£1.34 trillion) globally by 2019.

In its latest report ‘The Future of Cybercrime & Security: Financial & Corporate Threats & Mitigation', Juniper Research predicts that the majority of these breaches will still come from existing IT and network infrastructure, with the number of mobile and Internet of Things attacks expected to be “minimal" in comparison to more traditional computing devices. Easily mitigate known vulnerabilities by implementing a Device Hardening & Vulnerability Management tool. 

Juniper currently estimates the globe average cost of a cyber-crime attack to be US$ 6 million (£3.82 million), although higher in North America and Western Europe.

 

 

You can read the full article on SC Magazine here

 

 

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