Cyber Security: Still among the Biggest Challenges for Businesses

Cyber Security: Still among the Biggest Challenges for Businesses

cyber security business challenges

The cyber landscape is becoming increasingly complex and concerning for businesses. Many are at a loss as to what to do. Many large corporations, government agencies and other institutions (especially in the health care and financial sectors) have been targets of Advanced Persistent Threat (APT), Distributed Denial of Services (DDoS), phishing attacks and more. More recently, we’ve seen the United States being distraught and divided over alleged cyber-attacks form foreign nation-states.

We see more and more evidence of the true issues cyber-crimes represent.

As Timothy Francis, enterprise lead for Cyber Insurance has noted, 62% of cyber-breach victims are small to mid-size businesses. According to Osterman Research, Inc. nearly 50% of businesses experienced a ransomware attack in 2016. As the Poneman Institute has sited, the average bill for a data breach in the U.S. comes to around $7 million, so it’s easy to see how 60% of small businesses go out of business within 6 months of a cyber-attack.

Learn how to get your team prepared for a cyber-attack or breach here!

10 Biggest Cyber Crimes and Data Breaches

If you’re not concerned yet, below is an infographic of the 10 Biggest Cyber Crimes and Data Breaches from our friends at TheBestVPN.com.

10 Biggest Cyber Crimes and Breaches

How to Prevent and Mitigate Attacks

cyber security business challenges

There are simple steps to making your organization safer from cyber-attacks. Security tools and a fantastic IT team are very important, but so is training your entire staff to become cyber security aware. Over 60% of breaches are due to human error. If your non-technical staff is trained to understand basic social engineering, phishing and similar techniques, your company will be much more prepared for when the inevitable occurs. Also, keeping your security/IT team up-to-date on the latest trends and methodologies in the industry will greatly increase your chances of preventing and/or combatting cyber-attacks.

CyberTraining 365 offers a malleable, subscription based format with world-class cyber security training. We offer everything from Data Security and Privacy Training for your non-technical employees (HR, Accounting, etc.) as well as brand new courses with the most current hacking trends for your Security and IT teams. You can curate your own library and add your own branding, with rotating seats, for internal training purposes.

See everything we have in store for you here!

CyberTraining 365 is an online academy that offers nearly 1,000 hours of relevant and cutting edge cyber security training. Our training provides the most in demand industry certification prep courses including EC-Council, CompTIA, (ISC)2 and Cisco; all taught by leading cyber security experts. All of our offerings are aligned with the national initiative for cyber security education (NICE) and ensure the most up-to-date information for this constantly shifting field. With engaging content in a scenario-based format, CyberTraining 365 uses bite-sized micro-learning methodology ensures learners are not overwhelmed with information. On Demand LMS platform has white-label capabilities ideal for internal training purposes.

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