Cybercrime is on the rise. In fact, the number of cybersecurity incidents increased by 15.5% in 2021, while the number of material breaches grew by 24.5%. Even so, 34% of public sector organizations say they are not well prepared for the rapidly changing threat landscape.
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As government agencies embrace new technologies and adapt to hybrid models of work, cybercriminals are transforming their capabilities, too. Workforces and computing resources are becoming more distributed, and the fast-evolving landscape of IT infrastructure presents bad actors with new opportunities to exploit security gaps and vulnerabilitiesācausing the organizational cost of data breaches to grow. Even an organization that develops a strong security posture faces more risks in this environment.
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