Cybercrime Expected To Skyrocket In The Coming Years

In today’s digital era, the landscape of cyber threats is not just expanding—it’s evolving at an unprecedented pace. At Ozone, we understand the gravity of this situation and are at the forefront of combating these emerging threats as a leading provider of comprehensive cyber security and UTM solutions. Our suite of premium products and services is specifically designed to bolster your business’s IT infrastructure against the multifaceted risks of the cyber world.

The Rising Tide of Cybercrime

According to Statista’s Cybersecurity Outlook, the financial repercussions of cybercrime are staggering. The global cost is projected to skyrocket from R21.6 trillion in 2022 to a monumental R444.5 trillion by 2027. This escalation is not just a prediction; it’s an imminent reality. Cybercrime, as defined by Cyber Crime Magazine, encompasses a wide array of malicious activities, including data destruction, financial theft, productivity loss, and much more.

Why Are We Facing This Surge?

More people using digital technology, especially because of COVID-19, has given cybercriminals more opportunities. Working from home and using virtual IT systems has made it easier for cybercriminals to find and use weaknesses in security, and they’re getting better at it.

Understanding the Costliest Cybercrimes

The FBI’s 2021 report sheds light on the financial toll of these crimes. With a staggering loss of R130 billion, the most costly cybercrime was business and personal email compromise, targeting wire transfers. Furthermore, investment fraud, romance scams, real estate fraud, and tech support scams collectively cost over R56 billion, with investment fraud being the fastest-growing category.

Our Comprehensive Solutions

At Ozone, we do more than just provide state-of-the-art cyber security software. Our expertise encompasses a range of services, including:
  • Cyber Security Solutions: Cutting-edge technology to safeguard your digital assets.
  • Training and Awareness Programs: Educating your workforce to recognize and mitigate cyber threats.
  • Penetration Testing and Vulnerability Management: Proactively identifying and addressing security weaknesses.
  • Managed Security Services: Continuous monitoring and management of your cyber security needs.
  • Data Classification and Content Management: Ensuring that your data is appropriately protected and managed.
  • Data Protection Services: Robust solutions to guard against data breaches and loss.

Your Partner in Cyber Defense

At Ozone, we believe in being more than just a service provider – we are your partners in cyber defence. Our team of seasoned security experts, equipped with a plethora of industry-leading products and services, is committed to protecting you and your organisation from the escalating threats of cybercrime. We invite you to contact us for guidance and to explore how our solutions can provide you with unparalleled protection and peace of mind.