Today, organizations are facing threats far greater than disorganized hackers and cyber thieves and, as more and more sensitive information is stored online, companies face a greater threat from organized malicious parties.
Cyber crime is projected to cost businesses over $2 trillion dollars annually by 2019, a four-fold increase from 2015. To properly understand the scope of the threats and costs facing worldwide organizations, it’s important to understand the where and how these financial losses are incurred.
It’s important to note that if web, and mobile, apps are developed securely with better code integrity, the projected cost of data breaches for organizations can be brought down significantly.
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