Exploring Cutting-Edge Cybersecurity Innovations
With the advent of IoT and 5G services, safeguarding one’s access to the digital world through cybersecurity innovations is essential for human well-being. Innovation is helping us interconnect networks, devices, data, systems, and humans to some extent; these networks are more vulnerable to cyber-attacks.
- Cybersecurity Ventures predicts that the cost of cybercrimes will increase from USD 3 trillion annually in 2015 to USD 10 trillion annually by 2025.
- The same report also claims that the ransomware attack frequency increases, as businesses will fall victim every 11 seconds by 2025; earlier in 2019, the rate was around 14 seconds.
- As per ISC, the demand for cybersecurity professionals will increase as the skill gap rises to 1.9 million by 2024
