Cybercrime kingpins are winning the online security arms race

The cliché of the hacker-in-a-hoodie lone wolf is out of date. Cybercrime gangs are now almost as sophisticated as the big businesses they are trying to steal from, leading to a new security arms race that companies are losing.

The increasing threat from organized cyber-criminals and state-sponsored cyber espionage means companies need to forget about the idea of a lone hacker, think through the credible threats to their systems, and deal with them in order to disrupt their attackers’ business models.