Cybersecurity risks expected to increase in 2017
Cybersecurity risks expected to increase in 2017 The year 2016 saw a rise in cyber-attacks, both ransomware and distributed denial-of-service (DDoS) on small and large corporations globally. Close to 50 percent of companies were subjected to some form of cyber-ransom attack in 2016. Whether the ransom was medical records or street lamps, the threat is real. Major DDoS attacks compromised many websites including prominent ones such as Twitter, Netflix, PayPal, and Pinterest. Yahoo was hit with the biggest data breach in history with information being stolen from 500 million user accounts. Company concerns should focus on these items Data loss. Service Outage. Damaged Reputation. Customers or partners loss. According to a recent report by Forbes on cybersecurity risks in Asia-pacific in 2017, DDoS attacks will be an increasing threat to…