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In light of recent global cyberattacks (read: WannaCry), it’s more important than ever to understand the risks of poor cybersecurity.
According to Skyhigh, virtually every organization experiences at least one cloud-based threat per month. In fact, three out of four IT professionals cited their businesses were at risk for cybersecurity (and man-made) disasters.
Many businesses may not have the budget for high-end security, or may consider it an unnecessary expense. Unfortunately, the cost of not having a solid security plan and strategy in place can far outweigh the price of investing in security. According to IBM, the global cost of cybercrime will reach $2 trillion by 2019 and $6 trillion by 2021. And money is not the only aspect of your business you can lose to a security breach. You can lose years of your organization’s and your clients’ data, which can result in loss of trust and even overall business from your clients.
With the recent security breaches and ransomware attacks, we thought it pertinent to remind you of the seriousness of cybersecurity. Below are a collection of staggering facts and statistics about cybercrime and cybersecurity to keep in mind.
Be smart and stay safe!