From time to time, we often hear and see news about damages caused by cybercrime. This has not only brought damages to online transactions but has victimised businesses – big and small. Thus, cybercrime is no longer a new topic today. With the disadvantages it keeps on bringing to the people and companies nowadays, it’s a must that we must keep abreast on what it is and how this can be avoided.
It’s time to take a glimpse of the trends on this has changed and kept on changing, in a far more deliberate way. Why? Because as the rate of cyber attacks heightened, the effort and the cost to be spent by businesses has also kept on increasing.
In an infographic report from BTB Security, it has been reported the many breaches and incidents of cybercrime issues. You can check the infographic here.
Here are some data and statistics that will give you an idea of how far cyber crimes has gone through.
Data Breaches
Data breaches are one of the events any business owner is avoiding. Almost 30,000 or records have been compromised. And without proper attention given, this will continue and your business can be the next victim.
Consumers Compromised by Data Hacks
A lot of consumers have been painfully claiming that their personal information has been compromised. Their financial accounts have been affected and the numbers of identity theft have to keep on adding.
Cost of Cybercrime to the Average U.S. Business
It’s estimated that in 2005, $24 thousand has been the amount of cybercrime to U.S. businesses. On the other hand, it becomes $1.5 million in amount. That is a too fast increase, right? And that is somewhat to be taken care of by authorities as well.
Identity Theft Cases Reported
It’s a sad part that identity theft keeps on increasing through the years. In 2005, the number of cases reported reaches to 8.3 million. But in 2014, it becomes 17.6 million cases!
Money Paid to Unlock Computers from Ransomware
It’s also intriguing that a great amount of money has spent to pay the services of unlocking computers due to ransomware. As a matter of fact, it was estimated to amount to $24 million!
All of the above points are reminders that all of us, whether a consumer or a business owner, must give proper attention to security and data management. Interested to know on how to protect your business from cybercrime issues? Don’t hesitate to leave us a message or comment.