CYBER CRIME

Speaking at the IBM Security Summit in New York City last year, IBM's chairman, CEO and President Ginni Rometty said, “We believe that data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. If all of this is true – even inevitable – then cyber crime, by definition, is the greatest threat to every profession, every industry, every company in the world.”

According to Gartner, worldwide, organizations spent $81.6 Billion in 2016 on information security, an increase of 7.9 percent from 2015
Worldwide spending on cybersecurity is predicted to top $1 trillion for the five-year period from 2017 to 2021, - Cybersecurity Market Report, Cybersecurity Ventures.
“Nearly three in five Californians were victims of a data breach in 2015 alone.” - California Data Breach Report 2012-2015
“30% of phishing emails are opened. And about 12% of targets go on to click the link or attachment.” – 2016 Data Breach Investigations Report from Verizon
“80% of analyzed breaches had a financial motive.” 2016 Data Breach Investigations Report from Verizon