News, TECHNOLOGY

Corporate cybersecurity expenses grow by 11%

Companies are spending 11% more money on cybersecurity in 2019 than in the past. However, that did not help as 46% companies reported hacking incidents, according to Vasily Dyagilev, Country Manager for Russia and CIS of Check Point Software Technologies, who spoke at Check Point Security Day.

“At this year’s World Economic Forum, cyber threats were listed among the top five global threats. In fact, companies around the world are greatly concerned with these challenges and have already invested 11% more funds in cybersecurity than in the previous year. However, apparently, that did not help because 46% companies have fallen victims to hackers this year while data of 36% users was leaked,” Vasily Dyagilev said.

He added that the majority of users pick up viruses from downloading infected files.

“This is how computers catch 48% to 50% malware.”

There are still other channels for cyberattacks, Dyagilev pointed out.

“They include suspicious links sent via email or messengers. By clicking on these links, users often get hacked. Viruses may come from memory sticks, web browsers, etc.,” the speaker explained.

He noted that development of the 5G technology makes cybersecurity even more relevant.

“With 5G, data transmission speed will multiply to unlimited numbers. Software developers need to think of methods to protect the information targeted by hackers,” Dyagilev concluded.

Previous ArticleNext Article