How bad is it?
This article will help you stay up to date on:
1.
Americans are really worried about cybercrime.
This fear is definitely justified.
Americans are right to worry.
Big Data breaches are on the rise.
2020 saw a number of catastrophic data breaches affect some of the worlds largest companies.
In the US alone, data breaches fell to an estimated 1.1 billion in 2020.
MS Office is a primary attack point.
Beware of your own productivity tools.
As much as 38% of malware is now being disguised as a Word document.
Advanced security continues to decrease data breach costs.
While a quick glance at these statistics may indicate a plateau, digging deeper into the evidence suggests otherwise.
A gap that has grown from $2.51 million in 2019, and $1.55 million in 2018.
Ransomware isnt going anywhere.
Reports of ransomware becoming less common are very untrue.
Local governments continue to be a popular target.
Malware is taking an increasingly large toll.
In 2015, the global cost of malware was an already-staggering $500 billion.
Fast forward to 2021, and cybercrime is costing an estimated $500 billion every month.
The total cost of cybercrime is expected to reach $6 trillion by the end of the year.
At the current trajectory, the total cost will reach $10.5 trillion annually in 2025.
Cyrptojacking spikes with cryptocurrency value.
so that generate cryptocurrency (i.e.
mining), a cryptocurrency miner needs to harness significant amounts of CPU power.
Cryptojacking malware steals your CPU cycles to mine cryptocurrency.
The evidence suggests this is true.
Hackers are coming for your phone.
As if everything else werent enough, your phone is now a major target.
Youre not as ready as you think you are.
You should be watching out for phishing attacks.
Even in the age of security awareness training, the vast majority of cyberattacks stem from phishing.
Most malware comes via email.
In line with the study above, email is basically radioactive when it comes to cyberattacks.
Out of 50,000 security incidents, email is responsible in 92% of cases.
Second place was taken by net net app-based malware such as drive-by-downloads at a paltry 6%.
Most cybercriminals want cash.
76% of attackers are motivated by financial gains, with organized criminals making up the majority of attackers.
Most customers think that their data is not protected.
Companies have started investing in privacy.
Small businesses are the most susceptible.
If your company has less than 1,000 employees, you are a prime target for malware.
Awareness is the Best Defense Against Malware
Malware continues to be a serious problem.