Intelligent CIO Europe Issue 79 | Page 33

EDITOR ’ S QUESTION self-service scam sites that offer phishing attack tutorials or new AI applications that do the heavy lifting for you , the tools available to cybercriminals are getting both more sophisticated and accessible .
Robust cyber hygiene is an important first line of defence , it prevents bad actors from exploiting common vulnerabilities and empowers an organisation ’ s workforce to feel confident in using new and existing technologies . This means prohibiting easy-to-crack passwords , making Multi-Factor Authentication standard practice and ensuring that security patches are immediately implemented when available . All companies have a duty of care to protect their employees as a default . So , organisations must ensure their employees have the appropriate tools and training to ensure they can identify and report suspicious communications , such as phishing , while guarding against complacency .

The cybercrime industry is a growing , profitable and dangerous business , especially in the EMEA region . New research has shown that for the first time in five years , DDoS attacks against EMEA surpassed those targeting North America .

As a reference point for its scale , if the cybercrime industry was an economy , it would be the third largest in the world – only trailing behind the US and China .
Undoubtedly , the growing cyber-risk is causing increased stress across all levels of business , so organisations must take action now to alleviate these worries by educating all employees , from entry-level to the C-suite , about the risks .
Cybersecurity must be a priority for business leaders , not only to alleviate stress but to protect business-critical assets and ultimately , keep their businesses online . p
All companies have a duty of care to protect their employees as a default . So , organisations must ensure their employees have the appropriate tools and training to ensure they can identify and report suspicious communications .
The barrier to entry for amateur cybercriminals is indeed getting lower and lower , and they ’ re often switching tactics . Whether it ’ s the continued rise of
RICHARD MEEUS , DIRECTOR OF SECURITY TECHNOLOGY AND
STRATEGY EMEA , AKAMAI
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