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. In addition, Verizon’s “2017 Data Breach Investigations Report” noted that 81 percent of breaches recorded in 2017 exploited weak or stolen credentials, and 14 percent involved privilege misuse.
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