The digital revolution that has occurred since the invention of
personal computers and mobile devices has led to numerous benefits
for individuals and organizations seeking to maximize their
efficiency and output, while reaching the most possible consumers
for their businesses; however, the advancements made also have
businesses struggling to keep up with the ever-growing risks of
cyber crime and social engineering fraud.
Cyber crime refers to criminal activity that uses and/or targets
personal computers, mobile devices, or the networks connecting to
these devices. Some examples of cyber threats include malware,
ransomware, and spoofing, but this is by no means an exhaustive
list. The prevalence of cyber crime requires businesses to be
vigilant in preventing cyber threats. Consequences of failing to
protect against cyber threats include privacy and data breaches,
network loss and damage, and even property damage. These
consequences also all come with significant
