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Increased need for security of finances, experts caution


Increased need for security of finances, experts caution
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Filed on March 2, 2021
Overall, cybercrime is predicted to inflict damages totalling $6 trillion globally in 2021 and cost the world $10.5 trillion annually by 2025, according to Cybersecurity Ventures
Experts said that a dramatic increase in the volume and success of phishing, business e-mail compromise and other types of cyberattacks, requires organisations to re-evaluate their security controls and processes
There is an increased need for organisations to implement greater security solutions, when it comes to managing their finances, cybersecurity experts have cautioned.
According to a recent survey by ESET, a global cybersecurity firm, 81 per cent of senior managers agree that Covid-19 has increased the need for improved security of finances. ....

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