Cybersecurity 2019 shows how cyberattacks should concern both small and large entities. This is apart from the notion that only large entities are on the top concern for risk.
Cybersecurity is everyone’s share of the community. Even individual users should be concerned with this. Because it has been reported that those with smaller businesses are more prone to attacks.
Because malicious actors are more attracted to unprotected walls. They can easily climb up to your defenses and launch attacks. Thus, each business should know that they are vulnerable.
Cybersecurity 2019 Facts
Data Breach Detection
Do you know that it takes almost six months to detect a breach? As a result, it is harder to detect them. Plus, it’s much enough time for them to implant their attacks in a wider scope.
Moreover, data breach attacks are often the most reported attack. Not to mention that almost 9,000 breaches are reported. That is from January 2005 until April 2018.
With that in mind, suppose the cost per record is between $120 to $600. Then, these breaches will amount to millions of dollars.
Come to think of it. Cybersecurity is often thought to be costly. But, in reality, it’s much better to spend now on prevention, than to spend much more later, for the cure.
Small Businesses Alert
On the other hand, more than 40% of attacks are targeted towards small businesses?
In fact, in 2017, more than 60% of data breach attacks were on small companies. That is companies with less than a thousand workers.
Why is this the case? That is because smaller companies tend to be more complacent with security. There is this wrong notion that nothing will be caught from them. But in reality, their business is at stake. As a result, malicious actors eye more on them.
Up to 91% of attacks are launched via phishing emails. Moreover, 85% of these emails have malicious attachments. In addition, 38% of malicious attachments are disguised as a Microsoft file.
Multiple Security Vendors
Up to 50% of companies face cyber risks because of multiple security vendors.
‘The more the better’ is simply not the case in security. Because integrating with different security vendors creates more vulnerabilities. You can not sync them altogether.
Thus, remember that it is better to stick with only one security provider.
IoT Attacks On The Rise
Do you know that IoT attacks reach more than a 500% increase by 2017?
This is unsurprisingly true with the fact that more and more people are dependent on smartphones. And this creates more opportunities for attackers to launch their malicious intentions.
However, even with more technological advancement, it cannot keep up with the growing number of threats. Because the other way is true as more technology advances. The more attacks increase. And the more vulnerabilities are therefore developed.
Moreover, malware is one of the most common and efficient ways of attacking. Do you know that it costs more than 2 million dollars in 2017?
Certainly, it’s better to think of cybersecurity as an investment rather than an additional cost. Because it surely is a good investment.
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