Today, seemingly everyone has access to the internet. The modern era helps us to connect everything and share their experiences through the internet.

Living life and doing business with this inescapable and infinitely complex network comes with increasing risks for cybercrime. Hackers have more opportunities to hack our systems and abuse our data than ever before. The solution lies in cybersecurity awareness and prevention. No matter the type of industry or the type of data you manage, cybersecurity knowledge is vital. Now we will discuss seven important reasons why you need cybersecurity more than ever.

1. Cybercrime is more common than you think

Cybercrime will eventually affect everyone, and it occurs more frequently than most people realize. Thousands of cybercrime attempts and attacks happen every day to ordinary people. Statistics say that 87% of businesses have faced some form of cyberattack. So, any business, industry, company, or an average person can become a target.

2. Increased exposure to attacks in organizations

Cyber-attacks have clearly increased with the ubiquity of loT devices and internet services. Using this advantage cybercriminals with their personnel to obtain organization’s data. These will come as fraudulent emails or messages asking for personal details or access to files. Hackers now have more ways to find vulnerabilities and gain access to more information than ever.

Small to medium-sized businesses typically have less security than large enterprises. Hackers can quickly break through passwords that have been in use for a while and are weak. Identifying theft, fraudulent emails, financial theft, hacking, viruses, and more, are just a few things that need to be looked after by cybersecurity professionals. 

Everyone is affected by cybersecurity.

3. Increased cybersecurity threats faced by individuals

Hacker activity not only puts for-profits, non-profits, NGOs, and government organizations in danger, but it also exposes regular people to more cyber risk. Personal data is stolen by hackers, and then sold for illicit profit. The information on our computers, mobile devices, and other digital platforms is not necessarily secure. People with high profile identities have a much higher risk.

Phishing is a cyber-attack where the attacker sends fraudulent communications that appear to come from a reputable source through email. It can also be used in other forms of communication. This will steal your sensitive data, login information and may install malware on your device. Phishing is one of the most common cyber threats.

Cybersecurity

4. Effects on the economy

Aside from attacking your private information, cyberattacks affect the economy as well. It has recently been suggested that cybercrime will be a main driver for the  upcoming severe recession. The economy may be impacted by cybercrime in several ways. Data breaches can ruin the reputation of any brand. These breaches can cost millions of dollars to detect and resolve – not to mention the untold losses stemming from changes in public opinion following a breach. Good, high-level cybersecurity in these dire situations can be expensive.

The necessary training and expertise needed to resolve the problem are also expensive. Depending on the company, this can drastically affect markets, investors, and the company itself. Data breaches have the potential to set off a domino effect of economic failure.

5. The dark web

The dark web is only accessed by specialized web browsers, keeping users anonymous. It works like a series of hidden compartments where illegal operations can be performed, such as software distribution, personal information distribution, drug and human trafficking, piracy, illegal weapon distribution, and many more unthinkable illegal activities. The dark web can also serve very positive purposes, such as helping those who suffer under totalitarian regimes to communicate with the outside world, and protecting user privacy in ways the clearnet (regular internet) cannot. These ever-expanding vulnerabilities have increased the importance of cybersecurity.

6. Newer Hacking Methods

Hackers are getting smarter day by day. They find new, ingenious ways to access data with every illicit operation. Apart from cyber-attacks such as breaches of access, password sniffing, system infiltration, website defacement, web browser exploits, instant messaging abuse, and intellectual property theft there are evermore innovative methods. Therefore, it is crucial to make as many people as possible aware of the realities of cybercrime. Knowledge and actions are essential to ensure your data’s and identity’s safety. Establishing methodical access controls and data protection policies can help tremendously.

7. Threats of rising cyber crime levels

Perhaps the most alarming aspect to cybercrime is its exponential and unabated rise in the future. Cybercrime-related safety and security concerns will become more and more prevalent in the months and years to come. Rising technology adoption and the world’s shift to a new, digital era will inevitably lead to an increase in cybercrime. This inevitability calls for preventive measures in the now, as opposed to reactive measures when it is too late.

With these seven points it’s easy to understand why we at ITAdOn have made cybersecurity the chief concern among our clients. Effective cybersecurity helps protect your most private information, your livelihood, and your safety every day.

If you want to protect your valuable information from cyberattacks you can get in touch ITAdOn today.

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