Intro
The cybersecurity industry is rapidly growing every day. Although more resources are being deployed to counter cyber attacks, the nature of the industry still has a long way to go before we can, as a whole, catch up with these threats. It’s important for us to define what the current information security and cybersecurity industry look like considering these 5 Fact About Hacker💻 || Probably🤔 You Don't Know👌.
Fact 1 :
1. Total cost for cybercrime committed globally will reach $6 trillion by 2021
Cybercrime is one of the greatest threats. Don’t think that all that money comes from hackers targeting corporations, banks or wealthy celebrities. Individual users like you and me are also targets. As long as you’re connected to the Internet, you can become a victim of cyberattacks.
Fact 2:
2. Share prices fall 7.27% on average after a breach
The lowest point occurring up to 14 market days after a breach. Finance and payment companies saw the largest drop in share performance post-breach according to Comparitech.
Fact 3:
3. Most companies take nearly 6 months to detect a data breach, even major ones
Equifax, Capital One, and Facebook just to name a few. Information such as passwords, credit card details, and social security numbers may already be compromised by the time you’re notified.
Fact 4:
4. 95% of cybersecurity breaches are due to human error
Cyber-criminals and hackers will infiltrate your company through your weakest link, which is almost never in the IT department.
Fact 5:
5. Connected IoT devices will reach 75 billion by 2025
The IoT market is due to reach 31 billion connected devices this year in 2020 and by 2025 it will be roughly 75 billion IoT devices.
Bonus
Fact 6:
6. Since COVID-19, the US FBI reported a 300% increase in reported cybercrimes
As if a pandemic wasn’t scary enough, hackers leveraged the opportunity to attack vulnerable networks as office work moved to personal homes. As of this summer, they recorded 12,377 Covid-related scams.
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