6 Cyber Security Stats to make you sweat!

Cyber security is our buzzword for January. We’ve scoured the web to find some of the most alarming cyber security statistics from 2018, and what we learn from them…

Cyber security statistic #1

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First off, this is easily one of the most deceptive ploys. Email spam is nothing new, but the level of detail criminals are willing to go to now is mind-blowing.

It’s more vital than ever that your emails have advanced security and scanning features, especially for businesses with a lot of information to protect.

Criminals are getting smarter at how they encourage clicks for malicious links or dangerous attachments. For instance, look at this fake email pretending to be the  Dropbox homepage, pretty convincing right?

For our business, we’ve partnered with Mimecast to use their email scanning software on a daily basis. Ensuring all incoming emails are checked so our company is never put at risk. It doesn’t compromise your workflow and destroys malicious files within seconds.

As a result, this protects your network from even receiving them. Click here if you’d like to learn more.

 

Cyber security statistic #2

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Data security company Varonis, undertook a study where 6.2 billion files were surveyed from across the globe.

Incredibly, 1 out of 5 files were completely open.

This means files including financial data, health records and personal information were available to access and download.

They also discovered that potentially 2 in 5 companies could have around 1000 files unprotected.

Is your network secure? Could you be a victim of Shadow IT?

 

Cyber security statistic #3

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This is where shivers should be running down your spine.

 

With major bank hacks being reported last year, and the increase in ransomware attacks. It makes complete sense that cyber crime is heading to the top of the trade ladder. What’s more shocking is that cyber criminal revenues worldwide are at least $3 trillion (and that was measured in 2015!)

 

Cyber security statistic #4

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If you’re already having problems remembering passwords now, it’s going to get worse.

 

Password management company Thycotic have predicted that not only will there be 300 billion passwords by 2020. They’ve also reported that each employee could have up to 90 digital accounts that are used each working day.

 

Our recommendation? A password manager can keep you secure, backed up and updated. It’s as equally important to refresh passwords as it is choosing an unbreakable mixture of characters and numbers.

Cyber security statistic #5

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One of the most underappreciated skills is understanding how employees can safely share their data. Data companies value personal data as easy to get and cheap to sell, why? Because basic contact information can be easily obtained.

 

However, when more lucrative information like credit card data can be purchased – this will be on the higher end of the scale.

 

The solution? Make your data harder to be obtained. Consider what you are signing up to and what companies could potentially do with the information you are sharing? Will restricting a phone number save you being on an endless list of promotion and sales calls?

Cyber security statistic #6

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A new cybersecurity report conducted by the Ponemon Institute on behalf of Arbor Networks, reported that financial firms take an average of 98 days to detect a data breach. Whereas retailers can take up to 197 days!

 

As much as being protected is essential, it can be just as important to be actively looking for threats and risks. Having a protactive IT team should be able to eliminate these risks, by keeping tabs on any network changes or new devices added.

 

Final thoughts

 

You’ve made it to the end! Hopefully these statistics haven’t scared you senseless, but instead have given you good food for thought. Cyber crime is on the rise and

 

Above all, understanding how vital security is for your business is our main goal this year, so if you need any advice or help around getting yourself protected – please get in touch.

 

If you’re looking to learn more about how to protect your IT network, or general advice about how improve your IT infrastructure – Get in contact with us on 02920 887 362 or send us an email at info@excellence-it.co.uk

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