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Looking at tried-and-tested cybersecurity strategies is an integral part of any real business plan coming forward into the 2020 ‘cyber-war era. This is especially true in the last decade, where record levels of cybercrime have been recorded and thousands of businesses are falling to social engineering scams and blackmail ransomware scams. The world is increasingly dependant on the internet for fundamental daily conveniences, critical life services, and the survival of the global economic flow. First-world nations such as the United States, as well as some of the largest countries in the world like India and China, are heavily dependant on the internet infrastructure. Due to an exponential rise in internet access, internet usage, and enormous growth in the amount of networked (connected) devices during the past ten years, innovation and emerging technologies have taken the center stage in IT, communications, and technology. As the internet grows and expands, so does its nemesis – the various notorious cybercriminal organizations all over the world. The presence of cyber risk is, therefore, a very real concern. Threats are evolving as advanced nation-state cybercriminal groups, cyber-terrorism, blackhat hackers and social engineering fraudsters are becoming more sophisticated and merciless as each day passes. As more than half of the Earth’s population now relies on the internet, critical infrastructures have also become networked. This means that the delivery of essential infrastructure services such as transportation, water, health care, electricity and, finance are now highly vulnerable to cyber-physical incidents (e.g. hacked gas pipelines, government servers, and water systems).
What is more, the growing number of networked devices (like the billions of Android smartphones active globally) presents even more attack surfaces and vulnerable endpoints to breach for the cybercriminal. Global supply chains are at risk, which also means…
