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News Cyber Security - Need to know

Cybercrime - the cost to businesses

31 Oct 2018

Cybercriminals are referred to as ‘invisible thieves’. Hidden behind computer screens they unleash online attacks against businesses to steal valuable data and to get access to money.

From phishing to identity theft, cybercrime is on the rise. In 2017, 56% of fraud incidents related to cybercrime. The level of impact cybercrime has on a business depends on several factors, such as the size of the business and what internal systems are employed to prevent attacks. One thing for sure, cybercrime is costly…


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