Ransomware attacks are one of the most common types of cyber-attack, with one every 40 seconds according to a recent study. The same study predicts that they will become even more frequent in 2019, with one every 14 seconds.
It’s estimated that the total cost of cyber-crime will reach $6 trillion by 2021. Meanwhile, the global market for cyber security is expected to reach over €170 billion by 2020 and €800 billion in the next five years.
Investing time and money in cyber security is a demanding process with several challenges, but it can bring benefits and a build a competitive advantage.