Cyberattacks caused $450 billion of damage to the global economy in 2016, and this number is predicted to keep rising as we keep adding more connected devices to the mix.
The magnitude of this impact should not be understated. It’s bigger than the size of notable economies like the UAE ($371B) or Norway ($370B) – which is why it’s no surprise to see organizations putting major resources to shore up their internal defenses and to reduce the risk of threats.