Ensuring safety and security
According to a recent report from cybersecurity firm McAfee, Dr M Arokiaswamythe cost of cybercrime will increase by 50% from the 2018 total and will account for more than 1% of global GDP. In fact the year 2020, already suffering from the consequences of Covid-19, has seen a spurt in cybercrime that is expected to cost over USD 1 trillion. This is caused by a variety of cyber-attacks, ranging from phishing and denial of service to ransomware, spyware and cryptocurrency theft.If this is the state of crime in cyberspace in general, one can imagine the risks for the industry – the manufacturing and process industry in particular – where the consequences could be...
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