Forbes July 25, 2024
Anshu Bansal is the founder/CEO of CloudDefense.AI—a CNAPP that secures both applications and cloud infrastructure.
Do you remember when firewalls and antivirus software were enough to keep your company safe? Those days are long gone. Over the years, I’ve watched the cybersecurity industry transform dramatically. What’s truly alarming is how cybercrime has grown into a massive global threat with staggering financial implications.
It’s shocking to hear that by 2025, cybercrime will cost the world economy $10.5 trillion annually—a 15% year-over-year increase since 2021. In this increasingly threatening environment, it’s clear that legacy, perimeter-based defenses are no longer sufficient. We urgently need a new approach, one that is as agile and adaptive as the threats we’re facing.
But there’s hope on...