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Enterprise Security 2020: COVID Struck, and Cyber Criminals Got Busy - Vimarsana News

Enterprise Security 2020: COVID Struck, and Cyber Criminals Got Busy

This has been a record year for cybercrime, thanks to COVID-19, ransomware, and nation-state attacks. As the world's attention was focused elsewhere, cyber criminals went on a major offensive, keeping enterprise security teams around the world on their toes. According to a recent McAfee report, cybercrime will cost the global economy more than $1 trillion this year: $945 billion in monetary losses and $145 billion in cybersecurity spending. Insurance giant Allianz estimates that 2020 is on track to hit record highs for the number of cybercrime-related insurance claims. Cybercrime is now...