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Online Fraud Detection - Planning for Tomorrow’s Cyberattacks

As organisations think through their cybersecurity strategy for the coming year the challenge they face is how to plan for success, writes Peter Bauer, CEO and co-founder of Mimecast.

This past year we’ve seen how cybercriminals continue to become more sophisticated and insidious by constantly revising, updating and re-inventing their tactics and technologies to launch attacks. We’ve seen our share of DDoS attacks, key political figures emails hacked, and ransomware attacks. Recently, we saw cybercriminals target the San Francisco Municipal Transportation Authority with a ransomware attack. Free rides for all! And, that wasn’t San Francisco offering an early holiday gift to locals.

 

Knowing 100% protection against today’s cyber threats is not realistic – cyber resilience becomes the name of the game.  Building a cyber resilience strategy that layers state-of-the-art preventative systems, point-in-time recovery measures, and a means to maintain continuity during an attack can make a significant difference in fending off the myriad of sophisticated threats. We can’t predict all the attacks coming but we can build in cyber resilience and learn from what we have already seen.


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