The Equifax breach in particular may prove a game-changer. As a credit reporting agency, the company sits on some of the most sensitive personal data. The breach sent a powerful message: Even the gatekeepers themselves are vulnerable.
The natural trend in the cybersecurity industry is that spending money means you’re more secure; however, this isn’t always the case. While cybersecurity budgets will continue to increase in 2018, they will be increasingly focused on areas that will be most effective.
Legacy systems – hardware and software – can double the risk of a data breach. More than 8,500 organizations have over 50 percent of their computers running an out-of-date version of an internet browser, doubling their risk of attack.