Sophisticated cyberwarfare and rising geopolitical tensions mean that cybersecurity threats are evolving at an even faster pace, impacting entire businesses, their operations and their hard-won reputations.
Major microchip and electronic powerhouses were recently hit by cyber-attacks, where parts of their businesses were completely compromised, taken offline for a few days and employee accounts exposed. Some of these breaches were even done by the same hacking extortion group.
As a result, the need to fight cyber-crime has become even more important in an increasingly digital and interconnected world. This is resulting in record levels of investment in cybersecurity as it becomes a top priority for company leaders, boards, and investors, particularly as governments warn of an increased threat of cyber intrusions following Russia’s invasion of Ukraine.
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