According to the NY Times, executives at the World Economic Forum in Davos, Switzerland, expect 2015 to bring far more cyber attacks than in previous years.
“The number of security incidents this year will be exponentially greater than last year,” said John Chambers, chief executive of Cisco, the big Silicon Valley technology company.
It is a constant battle to stay ahead of cyber criminals, according to some of the world’s highest-level executives.
According to technology and business leaders at the World Economic Forum, Cyber security incidents are not only becoming more frequent, they are also becoming more disruptive. Some executives believe the worst is yet to come.
The message to executives was clear: The hacks will continue to occur.
“You will get a data breach, period,” said Robert Smith, chief executive of Vista Equity Partners, a private equity firm that invests in enterprise technology companies. “If you think you haven’t been attacked, you’re lying to yourself.”
Businesses need to be prepared for disruptions caused by cyber crime. They must have a plan in place for fortifying their networks, educating employees and spotting and dealing with the breaches that do occur. Due to the level of sophistication of these attacks, it is essential that businesses partner with a firm that specializes in cyber security and has the threat intelligence to back up their solutions.
ACE IT Solutions’ Security Services, offered in partnership with IBM, provide a simple and cost-effective way to limit potential threats 24×7. Through our partnership with IBM, ACE IT Solutions leverages one of the world’s largest collections of security information to combine advanced analytic capabilities into cloud-based security services that can be mixed and matched according to each business’ specific needs.
Read the NY Times article here.