In a recent interview at VeeamON 2025, the annual conference for the data management company Veeam, CEO William H. Largent discussed the rise of cybercrime and its impact on businesses worldwide. Largent described cybercrime as a “booming” industry, with hackers becoming increasingly sophisticated in their tactics and targets.
Largent emphasized the importance of data protection in this digital age, highlighting the need for businesses to invest in robust cybersecurity measures to safeguard their valuable information. He warned that cyberattacks are a constant threat, with hackers constantly evolving their methods to exploit vulnerabilities in systems and networks.
According to Largent, the rise of remote work during the COVID-19 pandemic has only exacerbated the risks of cybercrime, as employees work from home on less secure networks. This has created new opportunities for hackers to target businesses and steal sensitive data, leading to an increase in ransomware attacks and other cyber threats.
In response to these growing challenges, Largent emphasized the importance of a proactive approach to cybersecurity, with a focus on prevention and mitigation. He encouraged businesses to invest in tools and technologies that can detect and respond to cyber threats in real-time, rather than relying on reactive measures after an attack has already occurred.
Largent also highlighted the role of artificial intelligence and machine learning in enhancing cybersecurity defenses, noting that these technologies can help organizations identify and address potential threats before they escalate into full-blown attacks. He stressed the need for collaboration and information sharing among businesses and cybersecurity professionals to stay ahead of cybercriminals.
Looking ahead to the future, Largent predicted that cybercrime will continue to grow in scale and sophistication, posing an even greater risk to businesses of all sizes. He urged organizations to prioritize cybersecurity as a top business priority and allocate the necessary resources to protect their data and systems from malicious actors.
Overall, the message from VeeamON 2025 was clear: the threat of cybercrime is real and growing, and businesses must be proactive in defending against it. By investing in robust cybersecurity measures and staying informed about the latest threats and trends in the industry, organizations can better protect themselves and their valuable data from cyber attacks.