15 Cybersecurity Facts You Need to Know

In today’s connected digital world, cybersecurity is a critical concern for individuals and businesses alike. Furthermore, the evolving threat landscape requires us to stay informed and proactive in protecting our sensitive information. In this blog, we will explore 15 cybersecurity facts that you need to know to navigate the digital world safely and responsibly.

1. Mobile Devices Are a Prime Target

  • In 2020, over 27 million mobile malware incidents were detected, highlighting the increasing targeting of mobile devices by cybercriminals.

2. The High Cost of Data Breaches

  • The average cost of a data breach in 2021 was $4.24 million, encompassing expenses such as incident response, customer notification, and legal fees.

3. Email Attachments Are a Common Attack Vector

  • Around 94% of malware is delivered via email attachments, emphasizing the importance of being cautious while opening attachments from unknown or suspicious sources.

4. Ransomware on the Rise

  • In 2020, ransomware attacks increased by 150%, with businesses being the primary targets. Consequently, these attacks can result in significant financial losses and operational disruptions.

5. The Peril of Weak Passwords

  • Weak passwords continue to be a prevalent issue. In fact, “123456” and “password” have consistently ranked as the most common passwords used by individuals.

6. Human Error Is a Leading Cause of Breaches

  • Approximately 90% of successful cyberattacks are the result of human error, highlighting the need for ongoing cybersecurity training and awareness programs.

7.  Social Engineering Attacks Are Pervasive

  • Social engineering attacks, such as phishing, are responsible for 67% of all data breaches. Additionally, attackers exploit human psychology to trick individuals into revealing sensitive information.

8. Unpatched Software Poses Risks

  • Unpatched software is a major security vulnerability. In 2020, 60% of data breaches involved unpatched vulnerabilities; consequently, which could have been prevented with timely updates.

9. The Soaring Cost of Cybercrime

  • The cost of cybercrime globally is projected to reach $10.5 trillion annually by 2025, indicating the growing financial impact of cyber threats on businesses and individuals.

10. Speed Is Crucial in Breach Response

  •  It takes an average of 280 days to identify and contain a data breach. Therefore, swift detection and response are crucial to minimizing the damage caused by a cyberattack.

11. Small Businesses Are Vulnerable

  •  Small businesses are not immune to cyber threats. In fact, 43% of cyberattacks target small businesses, highlighting the need for robust cybersecurity measures regardless of the organization’s size.

12. Massive Scale of Data Breaches

  • Over 4.1 billion records were exposed in data breaches in just the first half of 2021, underscoring the massive scale of data breaches and the potential risk to personal information.

13. A Growing Need for Cybersecurity Professionals

  • Cybersecurity job openings continue to rise, with an estimated shortage of 3.5 million cybersecurity professionals by 2021. Moreover, the industry offers ample career opportunities for those interested in the field.

14.  Investment in Cybersecurity Is Increasing

  • The global cybersecurity market is expected to reach $366.10 billion by 2028, indicating the increasing investment and importance placed on cybersecurity solutions and services.

15. Multi-Factor Authentication Enhances Security

  • Multi-factor authentication (MFA) significantly enhances security. Furthermore, organizations that implement MFA experience a 99.9% reduction in account compromise.

These tangible facts illustrate the real-world impact of cybersecurity threats, and overall, emphasize the urgency of implementing robust security measures to protect ourselves, our data, and our organizations.

Collaboration Strengthens Cybersecurity: Cybersecurity is a collective responsibility. Governments, organizations, as well as individuals must collaborate to share threat intelligence, best practices, and foster a culture of cybersecurity awareness. Consequently, by working together, we can collectively enhance our cyber defenses and mitigate emerging threats effectively.

In conclusion, understanding cybersecurity is paramount in today’s digital landscape. Furthermore, by grasping these 15 cybersecurity facts that you need to know, you can better equip yourself, your data, and your organization to defend against evolving cyber threats. Therefore, stay proactive and prioritize security measures.

Who is Aspis Consulting?

Aspis Consulting is an IT professional services firm headquartered in Kansas City, Missouri, specializing in cybersecurity and management consulting. Our values are integrity, community, and diversity, and furthermore, our vision is to democratize cybersecurity.  We make enterprise cybersecurity solutions and professional services accessible to all sizes of organizations. This includes everything from medium-sized businesses to large Fortune 500 enterprises, as well as non-profits and municipal, state, and federal government agencies. Aspis Consulting is an Independent Small Business, Certified HUBZone Small Business Concern, Certified LGBT Business Enterprise, Self-Certified Small Disadvantaged Business, Certified Virginia Values Veterans, and Better Business Bureau accredit ted company.  To learn more about how we can help you with your IT needs, check out our website  https://aspis.consulting and follow us on LinkedIn, Facebook, and Instagram to stay up to date on cybersecurity news, company updates, and need-to-know tips.