Cybersecurity has become one of the most important aspects in ensuring an organization’s success. As business owners and managers have come to understand, these targeted attacks can look incredibly innocent, but can result in an organization’s data being put into jeopardy. Believe it or not, within the past year, the amount of cybercrime (including phishing, ransomware, identity theft and fraud) has seen a 600% increase.
Just how impactful has this increase been, though? Well, these web-based attacks and malware have been known to cause serious dents in an organization’s wallet. On average, organizations will spend upwards of $2.4 million dollars to defend themselves. Those organizations that still manage to be infiltrated despite this security have reported their data being inaccessible for a week minimum. (more…)