Online Fraud A Story Untold

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Sometimes, a bad news can bring you good and unexpected results. According to the findings of one of the most recent surveys the online frauds in the UK alone cost more than £670 million. In other words, that is almost one billion dollars, give or take. Then, how come this can be a good news for us?

Well, it turns out that the strongest motivation for the most serious actions in the field of cyber security comes from our wallet, and not from our concerns. The more it costs, the more likely is that we will finally do something about it with the truly effective results. This is our point you should accept.

This is obviously a way we like to think. With no severe financial damages we do not bother even to blink. It is a paradox, but in order to improve our security, we can only wish for more devastating financial effects of the cyber attacks. That will teach us a lesson better than any cyber security course.

Finally, someone will realize that is better to invest one million in the proper IT security measures, than it is to lose one billion in the aftermath of a serious cyber attack. We do not wish for some bad cyber luck, we only want to do something about the timely, affordable and above all cyber security prevention.

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