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Showing posts from April 10, 2022

THE RISE IN CYBER CRIME: WHAT IS IT COSTING BUSINESSES?

Explore how the rise of cybercrime is affecting business in different countries  The pandemic has caused more and more people to spend time on their computers. Thanks to remote work and poor security measures surrounding the hybrid office, IT and network professionals saw a sharp rise in cybercrimes that’s unlikely to dip in the next five years. In fact, several cybersecurity ventures predict that global cybercrime costs will rise by  15% in five years . That brings the total cost to $10.5 trillion by 2025, a deeply concerning number.   How Cybercrime is Affecting Businesses Based on Country The following five countries are going to be lead players in the cybersecurity market and largely contribute to the $10.5 trillion dollar loss we expect to see in the next five years.   Cyber Crime in America In 2020, the average cost to businesses  affected by cybercrime amounted to $8.64 million . As the trend keeps rising upward, it’s getting harder for American companies to stay on top of it. W

M23 rebels announce withdrawal from eastern DR Congo villages

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  Armed group announces retreat from territory captured in eastern DR Congo following clashes with government forces. The March 23 Movement (M23) has accused the government of reneging on a peace deal and resumed fighting last year [File: Melanie Gouby/AP Photo] Rebels from the  M23 group  have announced their retreat from villages captured in eastern Democratic Republic of the Congo last week following clashes with government troops in the Rutshuru region. Fighting between the rebels and soldiers flared up Wednesday after several days of calm, and rebels from the March 23 Movement (M23) took control of around a dozen villages in Rutshuru territory in North Kivu province, local sources said. The M23 took the “decision to withdraw, once more, from its newly-won positions … to allow for its concerns to be addressed through open and fruitful dialogue with the government” of DR Congo, the group said on Sunday. The M23 “never had the intention to capture areas to run them, our only motivati