Damages from cybercrime will cost $6 trillion by 2021. It’s a statistic from Cybersecurity Ventures that can’t be ignored and it’s the biggest threat facing businesses today, with reports indicating that more than 50 percent of IT decision makers are flagging phishing attacks as a top security threat. This year alone, ransomware will hit a new organization every 14 seconds.
Then, there’s the data breaches. With large enterprises like Equifax, Facebook, Marriott, and Under Armour experiencing mega security incidents and exposure of sensitive information, data breaches have become an unavoidable part of our interconnected world. However, hackers and cybercriminals are turning their attention to smaller businesses, which are just as susceptible to these crimes as enterprises.
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