Living in this technology-advanced world, cybersecurity is no longer only for the “techies” to worry about: The Financial Impact Report, UOS, Australia

University The University of Sydney (UOS)
Subject The financial impact

The Financial Impact of Malware

Living in this technology-advanced world, cybersecurity is no longer only for the “techies” to worry about. The rise of cybercrime is an established fact and has affected companies like Facebook, FedEx, the NHS, and so forth. The FBI has a most wanted list consisting of cybercriminals.

Billions of dollars are used every year due to malware attacks. More than 9.9 billion malware attacks were recorded in 2019 with almost 440,000 different Malware variants. The likelihood of a business being impacted by an attack is therefore very high.

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