Anyone who pays attention to the news will likely know that cyber attacks are becoming increasingly common. Based on that fact, having the right company offering you networking technology in Phoenix is more important than ever. If you aren’t entirely sold on the idea, the following facts and statistics might be what you need to change your mind.
Government Security Spending
Did you know that the United States government spent $28 billion on cyber security in 2016? It’s true and it’s expected to rise in 2018.
Increased Ransomware Attacks
In 2017, over 100 new families of malware were introduced to the digital landscape. Attacks on a global basis also rose over 35%.
Costs of Ransomware Attacks
If you find yourself shelling out cash due to a ransomware attack, the average amount you’ll spend is over $1,000.
Average Cost per Breach
While cyber crime has a potential cost of $500 billion. If you find your own company is breached, you can expect to shell out about $4 million.
Increased Costs by 2020
The number above is massive, but you may not know that by 2020, it’s expected to rise significantly. In 2020, the cost of a breach could pull $2 trillion out of the company resources.
Frequency of Malware
It is estimated that nearly 1 in 130 emails will contain malware. This is the highest rate in years.
VPN Usage is Rising
Users of VPN services are often using them every single day. Nearly 45% use their VPN at least four times a week.
Android is a Huge Target
While Windows is the most targeted software for hackers, Android is number two. Almost 98% of malware for mobile devices targets those using the operating system.
Most Hackers Use Encryption
About 90% of hackers are now using encryption which makes it harder to track them.
Small Businesses are Targeted
You might think only huge corporations are targeted by hackers, but over 40% of attacks are aimed towards smaller businesses. Everyone is at risk.
Last year, almost 7% of people were victims of identity fraud. This has led to defrauding of $15 billion.
Thousands of Ransomware Attacks
Based on data from the FBI, there are more than 4,000 ransomware attacks on an average day. This number is up by 300% from 2015. The damages caused by Ransomware attacks annually, hover around $1 billion.
Breach Detection Timeliness
It might be surprising to find out that the average company has no idea about a breach until six months after it happens.
Data Usage Concerns
Most Americans, about 95%, are worried about the way companies are using their data and sharing their personal information.
Despite understanding that there are risks when clicking email links, over 75% of people choose to click anyway.
Noticing how an excellent company offering networking technology in Phoenix might be helpful now? We aren’t surprised. That’s why Phreedom Technologies is the perfect company to ensure you aren’t a statistic in 2018. With multiple security and disaster recovery services, you’ll have the peace of mind you need.