The security landscape has become increasingly demanding and complex for all customers. Threats have increased at an alarming rate over the last year, and cybercrime is projected to cost the world $10.5 trillion annually by 2025, up from $3 trillion a decade ago and $6 trillion in 2021.
Cybersecurity continues to be a major concern for businesses today. Threats continue to grow at an alarming rate, wreaking havoc on organizations around the world. Although organizations continue to increase their investments in cybersecurity, most threats still manage to infiltrate their cyber defenses.
According to statistics, the cost of cybercrime is expected to reach $10.5 trillion annually by 2025, up $3 trillion from a decade ago. For most businesses, the need to ensure their data and customers are secured and protected is a prerogative that is unlikely to be availed.
In 2021, Microsoft Security blocked over 9.6 billion malware threats and over 35.7 billion phishing and other…