The security landscape is continually changing and the race to stay ahead is often one of both victory and failure. As organizations globally continue to expand, security professionals are struggling to update operations quickly enough to ensure effective monitoring and response to incidents in their environment. The lack of security professionals makes this even more challenging. Patching systems, scanning for vulnerabilities, protecting against malware and viruses are essential and just plain smart.

As the new year continues to unfold, cybersecurity budget holders will be deep into the process of identifying where to allocate funds to best enhance protection against cyberthreats. The good news is that budgets are rising, with industry commentators frequently reporting that companies are committing more money to strengthening their posture against persistent and sophisticated threats.

Ransomware has dominated the headlines the last couple of years. But it might surprise you to hear that another scourge—business email compromise (BEC)—accounted for 49 times more in losses in 2021. As reported in the FBI’s latest Internet Crime Report, BEC cost organizations and individuals $2.4 billion versus $49.2 million for ransomware. In fact, more than a third of total cybercrime last year can be attributed to BEC.