Cybercrime is one of the fastest growing threats today, resulting in staggering costs to businesses worldwide. We’ve assembled some key cybercrime statics into the infographic below. Here are a few highlights from what we found:
Cybercrime is at a record high
Last year, data breaches in the U.S. skyrocketed by 40 percent, the global projected cost of cybercrime tripled, and projections suggest things are only going to get worse from here. On top of that, much cybercrime goes undetected or unreported, so the true costs are likely even higher.
Businesses, especially small business, are still the primary target for cyber attacks
While cyber criminals pose a substantial threat to all industries, the business sector still bears the brunt of most cyberattacks. Small businesses especially are key targets, because they are typically less prepared and less secure than larger corporations. Accordingly, nearly half of ALL cyberattacks target small business.