{"id":31731,"date":"2016-01-27T10:36:54","date_gmt":"2016-01-27T18:36:54","guid":{"rendered":"http:\/\/blogs.microsoft.com\/cybertrust\/?p=31731"},"modified":"2023-05-15T23:10:32","modified_gmt":"2023-05-16T06:10:32","slug":"the-emerging-era-of-cyber-defense-and-cybercrime","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/security\/blog\/2016\/01\/27\/the-emerging-era-of-cyber-defense-and-cybercrime\/","title":{"rendered":"The Emerging Era of Cyber Defense and Cybercrime"},"content":{"rendered":"

Cyber threats are everywhere, from hackers causing mischief to show off their skills to organized crime syndicates employing sophisticated financial ruses against governmental organizations, businesses, social channels and individuals. Seventy-one percent of companies admit they fell victim to a successful cyberattack in 2014, leading them to increase their security investments. This in turn created a $170 billion security market in 2015, according to Gartner. Hackers aren\u2019t just targeting companies\u2014an estimated 556 million people fall victim to cybercrime annually or 12 people every second. The World Economic Forum estimates the economic cost of cybercrime to be $3 trillion worldwide.<\/p>\n

Today\u2019s cyber criminals have substantial resources at their disposal. The increased sophistication and targeted nature of security threats, coupled with their increasing frequency, has ensured that security breaches are now the top issue affecting all users and organizations today. As we look to the future, the explosion of connected devices and data flows are making it even more challenging to protect against advanced targeted attacks. By 2020, we estimate that:<\/p>\n