Software Contract Solutions

Online crime costs more than $1m a minute

More than $1m is lost to cyber crime every minute, a report reveals, underlining the increasing and significant threats businesses face online. Every 60 seconds, close to $1.14m is lost to cyber crime, and 1,861 people fall victim, according to a report by threat management firm RiskIQ. Bad actors continue to proliferate online, the report … Read more

Securing the future: The evolution of cyber security in the wake of digitalization

cyber security in the era of digitalization

With threats becoming more complex, moving from basic attacks against one device to complicated attacks against every device on an organisations network, traditional security simply isn’t enough in the age of digitalization.  Thinking back 30 years, heads of IT had a comparatively enviable task when it came to cyber security. Although the job was by … Read more

Is 2018 the year cybercrime becomes mainstream?

The issue of cybercrime was thrust into international conversation last year, but what will the phenomenon look like in 2018? Cybercrime really hit the headlines in 2017, with the likes of WannaCry crippling the National Health Service in May, the Petya/NotPetya ransomware attack infecting global companies shortly afterwards and a whole host of data breaches … Read more

California set to lose most money to cybercrime in 2018

New study compares FBI Internet Crime data with insurance stats to reveal the states most at risk from cybercrime. New research by Website Builder Expert, the online resource for creating and launching a website, has revealed the states which are set to lose the most money to cybercrime in 2018. The study compares data from the FBI’s … Read more

Security Cyber security in finance: How can you deal with financial cybercrime

Cyber crime is a serious concern in every industry, but some are more affected than others. If you are in finance, check out the advice below. Cyber security has quickly risen to the top of the business agenda in recent months. High enough that 86% of financial services firms across the UK, Europe, US and Hong … Read more