Within the next 20 years, cybercrime is going to be one of the greatest challenges faced by humanity. No industry is immune — cybercrime comes with a predicted annual global price tag of over $6 trillion by 2021.
The current and future states of the cyber threat landscape seem clear, but what about cybersecurity’s role as the first line of defense against this new level of cybercrime? A FireEye report examining cybersecurity in 2019 and beyond highlights a rise in nation-state offensive activities, a lack of risks or rulebooks for attackers and a lack of security resources as factors affecting the current state of cybersecurity.
How did we get here?
The origins of today’s sophisticated cybercrime activities can be traced back to a type of computer virus that acted like a worm. In 1971, a few users of the