Paulius Petretis, leading cyber security expert and CEO of VORAS Consulting points to the increasing cybersecurity requirements companies are now faced with in an attempt to keep ahead of the sophisticated activity of cybercriminals. 

Vilnius, Lithuania – June 20, 2018 – Paulius Petretis, CEO of VORAS Consulting posted a new blog on the company website entitled “Cybersecurity More Crucial Than Ever,” in which Mr. Petretis  provides current statistics and circumstances as they exist in the world of cybercrime.

Petretis writes, “Businesses today are required to focus as much on protecting themselves from cybercriminal activity as they are in providing products and services to their clients.” He adds, “That’s because cybercrime is an industry in and of itself with earnings equal to Russia’s Gross Domestic Product (GDP), around $1.5 trillion per year.”

According to Petretis, “No longer can organizations have a singular focus. Attempting to stay at least a half step ahead of the cybercriminals is a fulltime endeavor.”

Petretis states, “According to a recent article on darkreading.com, “Cybercrime is now a profitable underground economy. The fabled “darknet” provides the platform for transactions, the place where demand meets supply. The evolving cybercrime-as-a-service model offers everything from distributed denial-of-service attacks and malware to shiploads of stolen data sets on demand. Today, engaging in cybercrime is as simple as legitimate e-commerce.” https://www.darkreading.com/cloud/cybercrime-is-skyrocketing-as-the-world-goes-digital/a/d-id/1331905

“The cybercrime world is so organized,” says Petretis, “that it is becoming more and more difficult to determine legitimate from illegitimate business platforms.”

The entire blog can be read at https://voras-consulting.com/cybersecurity-more-crucial-than-ever/

 Paulius Petretis

Paulius Petretis is an Information security expert, Certified Information Systems Security Professional (CISSP®), Certified Information Security Manager (CISM®), Certified Information Systems Auditor (CISA®), Certified in the Governance of Enterprise IT(CGEIT®) and Certified in Risk and Information Systems Control (CRISC®), Guest speaker at various conferences and seminars, Trainer at information security related training courses.

According to the annual survey initiated by the Info Security Europe, a whopping 93% of large organizations and 76% of small businesses had at least a single information security breach in 2011. Only 18% of the organizations affected by the infringements related to data protection laws had a consistent and effective contingency plan in place. According to Paulius, information is not something static – it evolves and mutates every day. It is the ecosystem of every business and if a single cell fails, it can bring down the entire business.

Therefore ensuring a consistent and up-to-date information protection policy must be the priority for all businesses – no matter how big or small they are. As it might be unrealistic to believe that any young or experienced entrepreneur can be the jack of all trades, the really smart decision is to rely on specialists who dedicate their professional lives to getting to know everything there is to know about protecting important business information.

With more than 16 years of experience in helping people, small businesses, and government organizations to protect their business secrets, Paulius believes that information security must help businesses achieve goals but not vice versa.

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