PYMNTS | March 2, 2017
The news surrounding corporate security has been dark as of late.
First, just before the start of the new year, researchers at RedSeal concluded that corporates, both large and small, are frankly being “naïve” about their cybersecurity risks. Then, earlier this month, reports from Centrify found new evidence of increases in corporate cyber attacks, suggesting cybersecurity service providers aren’t doing their job.
“Despite over $75 billion spent on cybersecurity in 2016, the products and services from major security companies have failed to stop breaches from occurring, and in fact, the problem is getting worse,” declared Centrify CEO Tom Kemp at the time.