Cybercrime is one of the greatest threats to modern businesses, so naturally, cybersecurity is becoming a top priority among business leaders worldwide. It’s easy to see why. Cybercrime can result in significant losses for companies, particularly financially. In fact, the global cost of cybercrime is expected to rise to $23.84 trillion by 2027, up from $8.44 trillion in 2022. Businesses collect and store mountains of data daily, and are obligated to keep that data secure.