Today it is more important than ever to secure your digital data from breaches. From businesses to government agencies, no one is safe from cyber-attacks. However, there are a few defensive measures that can be taken to prevent such breaches.
Therefore, information cybersecurity is a necessity today. If you are still not convinced why you need to safeguard your data online, a few terrifying stats could help change your mind. Platforms now provide services catering to people from individual levels to large corporations.
Try not to let these facts rattle you. Instead, you could use them as motivation to fortify your essential business data.
Important Stats and Facts You Should Know About Cybersecurity
Knowing what your chances are against cyber attacks can help strengthen your defence. You might be surprised to learn that security breaches are a lot more common in businesses than you think.
1.Three industries get 95% of all cyber attacks
Three industries in the world have to endure the most amount of cyberattacks. Government agencies, retail brands, and technology solutions companies are the top targets of attackers. 95% of all cyberattacks are targeted towards these industries.
One of the main reasons for this is their expansive database. Companies from these industries possess a ton of personal data and valuable information from their clients. This kind of data is very beneficial to attackers and can be sold in exchange for large amounts of money.
2.Cybercrime rates have skyrocketed since the beginning of the pandemic
Studies show that cybercrime rates against individuals and businesses have skyrocketed since the beginning of the COVID-19 pandemic. There was an increase of attacks by 300%, targeting a variety of victims.
This could be because most business processes were conducted over vulnerable online networks. These networks were easier to breach and ended up being an easy target for hackers.
3.Every 39 seconds, there is a cyberattack
The anonymity on the internet has made it easier for hackers to hide their identities and target multiple victims. Studies conducted at the University of Maryland concluded a cyberattack every 39 seconds in the United States itself.
4.Small businesses are 43% more likely to have security breaches
You might think that data security breaches are a common phenomenon in big industries because of the magnitude of data they store. However, 43% of all cyberattacks are targeted towards small to medium-sized businesses.
Companies with less than 500 employees are generally the victims of such crimes. Additionally, it was concluded that these businesses pay more than $7.8 million for every cyberattack or security breach.
5.Human error results in 95% of the breaches
One of the largest causes of cyber breaches is human error. Hackers target weak links in the company and bait them first. After one person falls for the bait, these hackers take the opportunity to execute their plan and breach.
The best way to prevent cybercrime is by being alert. It is proven that human intelligence is the best tool to use against cyberattacks.
To Conclude With
While most companies don’t even realise they have been subject to data breaches until six months later, it is crucial to be aware. In fact, information cybersecurity can help you secure your premise against any cyberattacks that could jeopardise your business and its credibility among customers.
Make sure you find a holistic solution to data security so that all your bases are covered!
Alison Lurie is a farmer of words in the field of creativity. She is an experienced independent content writer with a demonstrated history of working in the writing and editing industry. She is a multi-niche content chef who loves cooking new things.