A shadow industry of fraud

About this episode

This episode discusses the increasing threat of cybercrime and the misconceptions surrounding cybersecurity measures.

Here’s why you should be even more scared of cybercrime and the rising cost of cybercrime prevention You probably think that if you have the latest software on your computer and a strong IT department at work, you’re more or less safe from cyberattacks. Boy, are you wrong. This myth is costing businesses a lot of money and causing people a lot of harm in lost data and privacy. You definitely should not rely only on software updates or the IT department to protect you from hackers. This episode of the Monster Under the Bed podcast lays out exactly what you need to do to stay as safe as possible. In this episode you’ll find out: ·        Why each one of us must take responsibility for cybersecurity ·        Why an IT department can’t prevent hacking all the time ·        Why cybercrime is getting worse and what are the projected losses. (One of our experts calls it “a shadow industry that is really spending time trying to defraud people.”) ·        How adults and children can arm themselves for cyberattacks…

Topics covered

• cybercrime
• cybersecurity
• data privacy
• IT department
• fraud prevention

Keywords

• cybercrime
• cybersecurity
• data loss
• IT security
• fraud

Mentioned in this episode

Organizations: European Investment Bank

More episodes of Monster Under the Bed

• Invested by Europe: Why deep tech matters for Europe’s economy and everyday life · June 2, 2026 · 16 min
• Invested by Europe: Why Energy Efficiency Is Europe’s Fastest Climate Solution · February 24, 2026 · 15 min
• Monster under the Bed presents Invested by Europe · February 24, 2026 · 0 min
• The digital pixie dust clean-up · November 4, 2019 · 23 min
• Do you need arms and legs? · October 28, 2019 · 19 min
• Is the EU a waste of money? · October 21, 2019 · 26 min