On Nov. 3, 1988, long before most of the world would hear of dot-com and cyberspace, Eugene Spafford, an assistant professor of computer science at Purdue University, awoke to a peculiar problem: He could not log into his school computer from home.
At first, he thought his machine just needed rebooting.
“But later I started looking at system logs on that machine, and some others,” said Spafford, now in his 38th year at Purdue, via email to The Epoch Times. “And I found evidence that [a computer worm] had been present.”
The worm turned out to be the first stand-alone computer malware—created by Robert Tappan Morris, a Cornell University graduate student, who would soon become the first person indicted under the U.S. Computer Fraud and Abuse Act.
At the time, the number of potentially vulnerable machines hovered under 80,000 worldwide—and there was barely any such thing as cybersecurity.
And behind the scenes, millions of cybersecurity professionals are fighting cyber criminals in an invisible war that is becoming more intense, more expensive, and more challenging than ever before to keep personal information and business operations safe.
“Cyber crimes are projected to reach $10.5 trillion by 2025, up from $3 trillion in 2015,” said Steve Morgan, founder of Cybersecurity Ventures and editor-in-chief at Cybercrime Magazine, a research and market intelligence firm with locations in Northport, New York, and Sausalito, California.
He said that since 2013, the demand for cybersecurity professionals has been so high that the estimated shortage since then has grown 250 percent—from 1 million to more than 3.5 million in 2024.
“It won’t be until sometime in 2025 that we look ahead with another prediction,” Morgan told The Epoch Times via email.
“But we expect cybercrime growth to slow to around 5 percent annually over the next five years, given heightened awareness by consumers and organizations around the cyber threats, and the measures they are taking accordingly.”
PhishLabs, for instance, founded in 2008, is a globally recognized cybersecurity firm in Charleston, South Carolina, that grew 376 percent from 2012 to 2016. Acquired by Fortra in 2021, PhishLabs protects thousands of businesses each month from cyber attacks, data breaches, and financial losses due to online fraud.
“And like the name suggests, external threats are those that come from outside of your organization.”
Company founder John LaCour said his main concern is always in the “1 percent.”
Biggest Threats
Dr. Noah Schiffman, a reformed hacker in Charleston, South California, and now an independent cyber researcher, has worked for much of the 21st century as a chief technology advisor and cybersecurity officer for companies such as KBR, Wave Sciences, and Orbis, Inc.Much of his focus has been on trying to predict criminal “exploits,” or techniques, and implement measures to stop them before they are executed.
“But new exploits are discovered every day which can’t be predicted,” Schiffman told The Epoch Times via email.
“And most, if not all, of the threats from 10 years ago are still very relevant today. However, many have grown in their sophistication and complexity.”
The five current areas of exploitation that are high on the cybersecurity alert include the following:
In the eight years since then, Schiffman said ransomware has significantly increased in both frequency and severity.
“The use of cryptocurrency as payment has helped with attacker anonymity and made it very hard to trace and track down cyber criminals,” he said.
Firms then handle the cloud’s data security for the companies as a service. And this cloud technology gives hackers new and possibly more targets to breach.
“Despite the large budgets cloud providers spend on security, breaches still occur due to things like service provider vulnerabilities, insider threats, misconfigurations, and poorly handled credential management,” Schiffman said.
“Mobile phones now outnumber traditional computers in ownership and use,” Schiffman said.
“As the number of these devices increases, your susceptibility to being attacked increases, because there are more targets. Therefore, this continues to be a target of cyber criminals, with largely phishing attacks as the main attack vector.”
If the recipient responds as intended, they unwittingly let criminals into a system to steal money and account information.
“Since the end user is always the weakest link of the security chain, targeting individuals through phishing will always have a degree of success,” Schiffman said. “The most effective prevention is through end-user education.”
Both Schiffman and Morgan pointed out that AI is just the latest cyber threat—and likely not the last one.
The growing sophistication of threats has led to some massive security breaches.
In December 2023, about 1.5 billion records were leaked from New York-based online real estate education platform Real Estate Wealth Network—in what Schiffman called one of the largest leaks in U.S. history, with an exposed database of nearly 1.16 terabytes due to having “non-password-protected folders and system access.”
The database of National Public Data, a Florida-based background check company, was hacked in December 2023. Schiffman said this breach of an estimated 2.9 billion records impacted 270 million people. Much of the stolen data was leaked and “made freely available in a 4TB dump onto a cybercrime forum July 2024.”
Biggest Preventives
When asked what individuals could do to better keep private online information safe, both Schiffman and LaCour suggested limiting the use of debit cards, keeping a close eye on transaction history, backing up computer data, integrating anti-viruses and firewalls into computer systems, and assessing risk vs. convenience when selecting payment cards.“No system is 100 percent secure,” Schiffman said. “But the more layers of security you have, the better.”
Many schools and institutions now offer degrees and certificates in cybersecurity, with training and courses in computer engineering and security principles.
“A career in cybersecurity is definitely a good direction to go in,” LaCour said. “Because there’s practically zero unemployment in the sector.”
And as cyber threats continue, Schiffman said the war to control the cyber world is likely to become more potent, more costly, and more difficult for both sides—with the outcome very much in doubt.
“Cyber crime happens a whole lot more than is publicized,” he said.
“And my gut feeling is that it’s just going to get worse. It’s a cat-and-mouse game now, and no one knows where it’s going.”