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Companies struggle against attacks, while criminals enjoy themselves

Cybercriminals are having their way with companies and private networks, as cybersecurity struggles seemingly only increase
By: Michael Hatamoto | Hacking & Security News | Posted: Nov 11, 2014 7:30 pm

Cybercriminals are compromising users with sophisticated code and clever social engineering attacks, with private companies, enterprises, and government agencies under attack. Cybersecurity is now the No. 1 threat to the United States, ahead of terrorism, and at least $10 billion is being invested each year in security efforts - that don't seem effective.




It's an unfortunate time for customers and private citizens, as their personal information is valuable to hackers - and companies seem to be unable to keep information secure.


Marc Maiffret, a former hacker turned cybersecurity specialist and co-founder of Beyond Trust cybersecurity firm, explained why today is more frightening than previous years: "There's also a much bigger allure to use these skills to make money, in a criminal sense." It's true that rogue hacker groups and state-sponsored hackers are finding lucrative opportunities and easy access to sensitive data.


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