Information Age: 5 years of cybercrime: where we’ve been and where we’re going

Cybercrime is always changing. Despite new developments in cyber security and increases in security budgets, the five years have seen an uptick in major security breaches.

Companies – and even consumers – are creating, storing, and utilising data at unprecedented rates. And it is data that cybercriminals are after, yet many enterprises continue to allocate the bulk of their security technology budgets to network and device security rather than data protection.

In fact, research shows that companies allocate just 1%  of their total security technology spend to data protection measures. Here’s a look at the state of cybercrime over the past five years, and a look ahead at where we’re going…

Read the full article here.