The costs and consequences of a data breach or cybersecurity incident have never been more severe. According to the FBI’s recently released Internet Crime Report 2020, cybercrime resulted in $4 billion in losses last year, a low estimate that still encapsulates the incredible value lost to threats actors. For small businesses, the costs can be catastrophic. As Vox reports, 60% of small businesses will close after a data breach, underscoring the high-stakes bottom-line nature of cybersecurity.
Ransomware groups are becoming more boastful and even advertising for affiliates, according to a recent article. Read more to see which groups are more active and how to defend your organization.
In a SecureAuth survey, 62% of respondents claimed to use the same password across three to seven different accounts. It begs the question: If passwords play an integral role in cybersecurity performance, why are people so remiss when it comes to practicing good password hygiene? Practicing good password hygiene is a security measure that organizations must take to protect against cyber threats.
Lethal unauthorized code injections like XXS (cross site scripting) attacks are some of the most dynamic cyber-attacks. They are often very difficult to detect and can result in credit card theft, fraud, and endpoint data breaches, having a huge impact on small to medium sized businesses. In a recent AT&T cybersecurity survey, 88% of respondents reported that they had experienced at least one security incident within the past year.