Last week, Cisco Systems released the 2018 edition of its Annual Cybersecurity Report (ACR) you can find here. The report, compiled from a survey of 3,600 chief security officers (CSOs) and security operations leaders from across the globe, seeks to highlight emerging threats in the rapidly evolving landscape of cybersecurity. With 53% of all attacks resulting in damages of $500,000 or more (according to this year’s report), it’s obviously important to keep a finger on the pulse of cybercrime as it is a constantly moving target. As I noted in last year’s recap, these annual reports are well-regarded in the industry, even by Cisco Systems’ competitors—they always take a measured, industry-focused look at the state of affairs, and are not openly slanted towards driving Cisco Systems sales. Yes, what they are saying maps nicely to their security portfolio, but if it didn’t, you would have to scratch your head and ask “why not”. Here are my takeaways from this year’s report.