IDG Contributor Network: Cybersecurity – A view from the top

Maybe you have heard these words: “Cybercrime is big business.” Big business indeed. For the hackers that is. The 2016 Trustwave Global Security Report shows how hackers launching a malware infection campaign could expect to earn a breathtaking $84,100 in profit from an initial investment of just $5,900. This represents a return on investment of 1,425% – in just 30 days!

The Trustwave report also states that we’ve heard about cybercrime being big business so often that perhaps the idea is losing its impact. Is this true? Do companies still care? It seems that they do. A recent Computerworld article noted that the U.S. government is hiring 3,500 new IT cybersecurity professionals. And a recent CIO.com article stated that Omni Hotels and Resorts is looking to improve its security posture in response to a cyberattack that impacted 48 of its 50 U.S. locations.

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