Collaborative solutions for Cybersecurity challenges

Gone are the days when a cybersecurity threat was mostly aimed at an unsuspecting individual or a group of gullible people. For example, if an individual’s bank account and credit cards were compromised, the impact was mostly financial and it was felt by the affected individual and their families. In one study by the US Government Accountability Office (GAO), the number of incidents experienced by federal agencies increased by 680 percent in a 6 year period. If Government systems with reasonable controls and security measures see such a drastic rise in threats, it is a no-brainer to guess the increase in the volume of attacks on individual computer systems. Nowadays it is not uncommon for large corporations and government agencies to be relentlessly targeted by hackers to gain access to sensitive information, to conduct large scale fraudulent financial transactions or control computer systems in a way that could harm millions of people.

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