Brace for impact—CISOs and IT professionals are gearing up for what promises to be an intense year in cybersecurity. Cybercriminals are readying themselves with increasingly cunning tactics against unsuspecting organizations and users. From leveraging artificial intelligence in creating bespoke malware to launching impressively uncanny spoofed sites, the risks are becoming increasingly intricate and difficult to predict.

With personal data or business communications, our vast digital footprint is vulnerable to malefactors. Consequently, safeguarding sensitive information has become a pressing concern for companies of all sizes. The cost of cybercrime was $8 trillion globally in 2023 and is projected to hit $10.5 trillion by 2025. This alarming statistic emphasizes the escalating threat and the critical need for robust cybersecurity measures.

The thriving online marketplace holds boundless opportunities for businesses and consumers. But lurking beneath the surface of convenient digital transactions is a persistent threat: ecommerce fraud. Consider the unsuspecting customer who stumbles upon what looks like your online store, snags a coveted deal, and enters their payment details—only to find out later that a fraudster has stolen their financial data from a spoofed website.