The cyber threat landscape had never been more varied, complex, or sophisticated than it is today and it is getting progressively worse. Modern mechanisms for intrusion are now developed and implemented by high-level programmers employed by criminal enterprises as large and well organized as many of the companies they target. Cyber criminals are difficult to catch under the best of circumstances but often they operate with impunity. Their efforts are tolerated by certain governments and directly sponsored by others. Parts of Asia, Eastern Europe, and South America are hotbeds of such activity. Billions of dollars are stolen by fraud and theft every year and the global cost to business is expected to top $4 Trillion by 2021.
Although advanced, cyber threats are launched from various locations around the globe, prosperous western countries are most often the target. According to estimates by Symantec, US companies bear nearly a quarter of the loss—more than in any other country.
“Threats are initiated every day of the week. Just look at the logs of any company firewall.”