The threat of malware in enterprises is evolving each year. As enterprises expand their digital footprint through remote work and cloud adoption, their attack surface increases, making them more vulnerable to targeted malware campaigns. FBI’s 2023 Internet Crime Report showed that Business Email Compromise (BEC) scams alone caused over USD 2.9 billion in losses. Investment fraud losses also rose by 38% to USD 4.57 billion, and ransomware caused USD 59.6 million in losses.
Other reports paint similarly bleak pictures of the state of enterprise security today. The 2024 IBM Cost of a Data Breach Report shows that the average cost of a data breach jumped 10% to USD 4.88 million. It also shows that organizations using AI in incident prevention saved USD 2.2 million on average. More than half of breached organizations are experiencing severe security staffing shortages, a 26.2% increase from last year. AI tools can help fill the gap.
