Why Aren’t Businesses Taking Cyber Security Seriously?

The issue of cyber security isn’t being taken seriously by businesses. Global Ransomware attacks cost $5 billion dollars[1] in 2017 alone, and is expected to climb for 2018. By 2022, it’s expected to hit over $6 trillion in damages. Though the statistics are impressive, a mere 39% of companies take cybersecurity at face value. In 2017, big name companies fell victims to security breaches, including Equifax, Uber, The National Health Service in the U.K., Yahoo, and over 60 Federal Agencies and Universities that affected over 100 million people.
If these attacks can cripple industry giants, imagine what they could do to a small business. 1 in 40 small companies are targeted each year, and while that pales in comparison to how often bigger companies are attacked, the danger often comes in the form of phishing attacks designed to steal passwords. “Hackers love small businesses,” says Hemu Nigam, founder of SSP Blue. “They don't have the resources to put in high-end cybersecurity protection and they may not be consciously aware they are a target.”
Forbes recommends training your employees on password building, protocols, and two-factor authentication for the most comprehensive protections on their accounts.
Latest
Public Libraries are Protecting Against Censorship and Introducing E-Sports
Within the last six to eight years, what qualifies as fact-based information has been challenged by several political groups and debates. Advocacy for censorship has been on the rise; this is especially true for young adult books involving LGBTQ+ themes and books centering around people of color. While censorship demands were predominately held in […]
SmartSky Receives Supplemental Type Certificate for Dassault Falcon 900 Aircraft
Research Triangle, NC – January 17, 2023 – SmartSky Networks, the leading provider of inflight air-to-ground (ATG) connectivity for business aviation, today announced the completion of an STC for the installation of SmartSky’s flagship hardware system on the Dassault Falcon 900 series aircraft. The Falcon 900 series, with more than 400 aircraft in service, joins a […]
Let’s Talk About AV as a Service
— AVaaS, or AV as a Service, is the future of the audio visual industry. However, the conversation around this shift has been an awkward one, and it’s time to call out the elephant in the room. The industry has largely excluded the end user and buyer communities from this conversation, but it’s important […]