Xyberedge

cybercrime: the greatest threat to business today twenty years ago, cyber security was a mere footnote during it meetings and has been a balancing act between productivity and protection for most companies. fast forward to 2022 and that luxury of limited attack vectors has withered away. every company is at risk, also yours. in fact, ibm’s chairman, president, and ceo ginni rometty has stated, “cybercrime is the greatest threat to every company in the world.” billionaire businessman warren buffet took it a step further and said cyberattacks are the number one problem with mankind, even worse than nuclear weapons. without a doubt the impact that cybercrime is having on people and businesses worldwide is staggering. if it were measured as a country, then cybercrime — which is inflicted damages totaling $6 trillion globally in 2021 — would be the world’s third-largest economy after the u.s. and china. cybersecurity ventures also expects global cybercrime costs to grow by 15 p