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Posts Tagged ‘Risk’

The cost of cybercrime damage is skyrocketing. In fact, Cybersecurity Ventures’ “2017 Cybercrime Report” estimated that the total cost will reach $6 trillion annually by 2021.

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McAfee has polled over 700 IT and security professionals from a diverse set of countries, industries, and organization sizes about the role of threat hunting and the evolution of the security operations center (SOC). Per the survey, companies are investing in and gaining different levels of results from both tools and structured processes as they integrate “threat hunting” activities into the core security operations center.

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Whether they like it or not, in this day and age nearly all organizations have to think about their cybersecurity posture and find a way to minimize cybersecurity risk. But the main problem about doing the latter is that nobody can effectively assess the cybersecurity risk of organizations (or third parties, cyber insurance, or systems/devices/IoT and their transactions).

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