Cybersecurity Statistics Your Business Should Know

There have been many cyber issues and threats that the world has experienced over the years. Part of living in the digital era is understanding that private information is more vulnerable than ever before. As a business, it is important to maintain the physical property you own and protect it against intruders, potential threat and other acts that could cause issues within your company. In the same way, cybersecurity is just as important, if not greater, than traditional security precautions.

Here are 10 eye-opening statistics that help illustrate the current state of cybersecurity: 

1. 43% of cyber attacks are aimed at small businesses. (Small Business Trends)

2. It takes most companies for over six months, or around 197 days to detect a data breach. (ZD Net)

3. Windows is the most targeted platform by hackers(Computer World)

4. The most expensive component of a cyber attack is information loss, which represents 43% of costs. (Accenture)

5. 91% of cyberattacks begin with a spear-phishing email, which is commonly used to infect organizations with ransomware. (KnowBe4) 

6. 75% of organizations infected with ransomware were running up-to-date endpoint protection (Sophos)

7. 90% of hackers cover their tracks by using encryption. (Vanson Bourne)

8. More than 4,000 ransomware attacks occur every day. (FBI)

9. The total cost of a successful cyber attack is over $5 million, or $301 per employee. (Ponemon)

10. It is estimated there will be a ransomware attack on businesses every 14 seconds by the end of 2019, up from 40 seconds in 2016. (Cybersecurity Ventures)

Understanding the state of cybersecurity is important to protect your business from digital threats. The statistics we have shared show that even though many companies are aware of cyber threats, their protection is failing due to the continued expansion of attacks. As cybercriminals continue to target organizations, owners and employees need to understand how to protect their customers and as well as their business.  Learn more at tdsnetworks.com or call us directly @ 610-783-7005!