We predict that in 2017, there will be exponential increases in both the volume and visibility of data breaches, particularly for large corporations. IDC's findings from its recent IT services end-user survey also reveals the top themes for IT services spending in the APeJ region are namely security enhancement, business continuity and disaster recovery (BCDR) services, and IT staff retention and training.
Simultaneously, this increase in data breaches will force organisations to weigh the implications of potential data loss against the expense of hiring security experts. In many cases, businesses in 2017 will choose to take a calculated risk about what they can "afford to lose" rather than what it costs to prevent data loss entirely. This response will be especially true in the case of ransomware attacks, when it is nearly impossible to guarantee that hackers will not leak or reveal stolen data, even after receiving the "ransom" payment.
Finally, corporations and IT professionals must become hyperaware of attackers' increased ability to take advantage of automation. The speed and ease with which an automated network breach can take place is new, and will ultimately aid in making corporate data breaches even more commonplace in 2017.
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