If you thought cybercrime was already costly, prepare yourself for this. According to a Cybersecurity Ventures survey, the high cost of cybercrime across the globe is expected to rise by 15% each year for the next five years. By 2025, cybercrime could cost the world $10.5 trillion each year, according to this report.
Cybercrime Costs Will Jump Over The Next 5 Years
Phishing Ranked The Most Prevalent Type Of Cybercrime In The US As Cybersecurity Concerns Rise

There is absolutely no doubt that cybercrime is on the rise. And based on the current trends and predictions occasioned by an increase in internet usage, institutions and enterprises will need to stay alert as the upward trend won't stop soon.
Notably, protecting servers and systems from attacks and recovering them post attacks remain a priority.
Understanding The Nature Of Cyber Attacks Targeting Your Business
LeadingIT Launches New IT Support Strategies To Conform With Cybersecurity Predictions For 2021 And Beyond

CHICAGO, Ill., Jan. 11, 2021 (SEND2PRESS NEWSWIRE) — LeadingIT, a Chicagoland cybersecurity and IT support company, today refreshed their previously launched cybersecurity measures to help its clients curb the increasing menace of cyberattacks. The launch comes when internet usage and online networking rose to unprecedented levels following the stay-at-home orders and other COVID-19 containment measures.
Tech Tip: Handle Changing Cybersecurity Threats With Agility

If your firm has operations or client data that needs protection, you need reliable cybersecurity to safeguard them. Today's IT security measures focus on the breach's aftermath. They struggle to detect and isolate various threats to mount a response.
IT teams struggle to manage false positives and respond to breaches.