Digital Transformation Through Agile Delivery
IT Agility AbilityTM
Digital Transformation Through Agile Delivery
IT Agility AbilityTM

How serious is Cyber Security?

By . December 20, 2018
Over the last few years there has been a lot of talk in the news around cyber security, the effects that it has had on companies and the public. Some people may wash their hands of the whole issue as they think it might not concern them, but its is an issue that effects everyone.

Think about your daily lives and how often you use and interact with technology. For some of us this may be the first thing that we do. Now think of all the information that you store on technology, sensitive data such as your name, address, banking details and so on. If you are like most people nowadays an extensive majority of your time will be using software that has your details stored (social media, banking, work, shopping, ect.)

The online technology space is a hive of information ripe for the taking and organisations are aware of this. The global cyber security market is growing exponentially with increases of 10% year on year with no signs of slowing down. By 2020, the cyber security market is expected to reach $170 Billion (£118 Billion).


Here are a few things to note:

  • 181 cyber attacks since 2005
  • 1.8 Billion records compromised from companies such as Sony to V-tech
  • 2014 and 2015 saw major companies being subjected to cyber attacks


With Cloud computing now becoming a staple in IT departments enabling staff to work away from the office and consumer connectivity growing with the introduction of ‘smart’ cities, there are become more ways in which cyber attacks can gain access to sensitive data.

The latest form of these cyber attacks making the rounds is Ransomware. Ransomware is an access restriction malware that infects computers denying access to files, holding the files for ransom. With this form of Cyber attack the attacker(s) extorts money from their victims in order to release the lock.

Cyber security is a pretty serious business and companies are taking precautions to prevent attacks from happening to them. The demand is so high that experts in the cyber security field are extremely sought after and can earn up to £10,000 a day. However, talent in this area is sparse thus the reason for the attractive pay.



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