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Volume 27, Issue 4

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3 reasons major corporations lag on cyber security

We’ve reached a tipping point in cyber-crime and the bad news is that the bad guys are winning.

The top five hacks since 2011 affected more than 211 million users worldwide. In the US alone, there were 855 corporate data breaches involving 174 million records last year, according to Verizon. It was the second-highest data loss total since Verizon started keeping track in 2004 and they believe 96 percent of attacks were not highly difficult and 97 percent of them could have been avoided.

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