With the proliferation of cybercrime, the line between a cybersecurity and IT professional is rather symbolic: every IT professional has cybersecurity as a priority now, maintaining focus on protecting and defending data, data, applications, devices, network infrastructure and individuals. The cybersecurity workforce shortage is even worse than what the jobs numbers suggest, and the number of unfilled cybersecurity jobs is predicted to reach 3.5 million – as cybercrime damage costs to reach $6 trillion annually by 2021. As a result, the cybersecurity unemployment rate has dropped to unprecedented zero percent.
Ginni Rometty, IBM’s chairman, president, and CEO, said in her address speech at the IBM Security Summit just a few years back, “We believe that data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. If all of this is true – even inevitable – then cybercrime, by definition, is the greatest threat to every profession, every industry, every company in the world.”
In 2016, The top three cyberthreat concerns for 2016 were social engineering, insider threats, and advanced persistent threats.In 2017, global ransomware damage costs were predicted to exceed $5 billion, up from $325 million in 2015.
What to do if you become a victim of cybercrime
- First of all, immediately report the incident it to the appropriate staff within your organization, most importantly your tech support and network administrators. If your company uses Managed Services Provider (MSP), alert them right away.
- Stop using the personal computer until your computer network administrators run the diagnostics and remedy any issues if found. Use an alternative computer in the meanwhile…
- If you think financial accounts may have been compromised, contact your financial institution immediately and close any accounts that may have been compromised. Monitor accounts activity to avoid fraudulent charges.
- If you think your consumer accounts have been compromised, remember this: many people keep their billing information stored in their consumer accounts, such as Amazon or department stores online: change your passwords and remove any credit card information stored there as soon as possible.
- Overall, if the password that has been compromised has also been used elsewhere, change those passwords that may have been affected, in respective accounts.
- Report the attack to the Federal Trade Commission.
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