While organizations (and their customers) are openly embracing digital transformation for unprecedented progress in experiences and efficiencies, cybercrime continues to play an increasingly menacing role. In 2017 alone, cybercrime cost organizations across sectors $11.7 million annually (on average), a 22.7% jump from 2016.
Among industries, financial services companies were hit hardest with damages rising to $18.28 million. This doesn’t exactly come as a...