Did you know that by the end of 2021, cybercrime will cost the world $6 trillion a year? Cybercrime is a serious risk, which is why you need to make cybersecurity a priority. A password is often the first line of defense. But a password alone isn’t enough to protect your business’s sensitive data. Why? Because passwords are created by people and are easy to crack. We all know somebody who uses the same password over and over again or scribbles passwords on post-it notes to jog their … [Read more...] about Why Cybersecurity Needs a Multi-Layered Approach
cybercrime
Guarding Against Cybercrime
What’s the fastest-growing crime in the U.S.? I’ll give you a clue. It’s completely invisible and it can overwhelm you in seconds: cybercrime. Here are some statistics: There were 5.5 million cybercrimes committed last year: 52% of the breaches featured hacking; 28% involved malware; 32%-33% included phishing or social engineering. And cybercriminals are becoming smarter by the day. They target all businesses, all the time. They are using intelligent automated tools to find weaknesses in … [Read more...] about Guarding Against Cybercrime
Cybercrime: A Five-Step Plan to Prepare and Protect
The world economy loses more than $1 trillion to cybercrime every year. That’s a lot of money, and it’s a figure that’s increased by more than 50% since 2018. In 2019, two-thirds of all organizations reported some type of incident relating to cybercrime. It’s easy to look at big figures like these and not relate them to your own business. The average cost of a data breach to a business is estimated to be around $500,000. The most common types of crime are ransomware, where your data is locked … [Read more...] about Cybercrime: A Five-Step Plan to Prepare and Protect
