Organisations are spending a growing amount of cash on cybersecurity while cyber crime
continues to grow.
The cyber criminals' growing success in breaching corporate cyber defences is partly underpinned by society's increasing reliance on social media. Companies use social media networks for marketing and brand recognition. Executives use them for job search and professionals use them to exchange ideas and establish new contacts. All of which makes them rich hunting grounds for cyber criminals.
Unless companies come to realise that their security perimeters must grow beyond the corporate firewall to encompass social media networks and other areas such as the Dark Web, then the global cost of cyber crime will continue to mushroom.
