Cyber Security, Challenges, Some Practical Solutions

Abstract

Cybercrime continues to surge without a slowdown in sight. The cyber security threat continues to worsen. In the first half of 2018, the number of cyber breaches soared over 140% from a year earlier, leading to 33 billion compromised data records worldwide. Cyber Security news such as Marriott hack in Nov 2018 is dominating headlines and becoming a serious headache for business leaders. Malicious outsiders sparked more than half of the 944 breaches and accounted for roughly 80% of stolen, compromised or lost records. Identity theft continues to lead data breach types, but financial access incidents are escalating in severity as well. The United States continues to be the favorite target, and data breaches at major US enterprises continue to grab the headlines. In 2018, the most notable breaches have occurred at Adidas, FedEx, Jason’s Deli, Macy’s, Under Armour, Nordstrom’s and the most popular Facebook.