{"id":3060,"date":"2019-08-12T11:52:58","date_gmt":"2019-08-12T16:52:58","guid":{"rendered":"https:\/\/www.stratospherenetworks.com\/blog\/?p=3060"},"modified":"2019-08-13T11:11:01","modified_gmt":"2019-08-13T16:11:01","slug":"15-cybersecurity-stats-every-business-leader-should-see","status":"publish","type":"post","link":"https:\/\/www.stratospherenetworks.com\/blog\/15-cybersecurity-stats-every-business-leader-should-see\/","title":{"rendered":"15 Cybersecurity Stats Every Business Leader Should See"},"content":{"rendered":"<p><a href=\"https:\/\/www.stratospherenetworks.com\/blog\/wp-content\/uploads\/2019\/08\/cybersecurity-concept.jpg\"><img decoding=\"async\" class=\"alignleft size-medium wp-image-3062\" src=\"https:\/\/www.stratospherenetworks.com\/blog\/wp-content\/uploads\/2019\/08\/cybersecurity-concept-300x185.jpg\" alt=\"cybersecurity concept illustration showing a globe, lock and binary\" width=\"300\" height=\"185\" srcset=\"https:\/\/www.stratospherenetworks.com\/blog\/wp-content\/uploads\/2019\/08\/cybersecurity-concept-300x185.jpg 300w, https:\/\/www.stratospherenetworks.com\/blog\/wp-content\/uploads\/2019\/08\/cybersecurity-concept-768x473.jpg 768w, https:\/\/www.stratospherenetworks.com\/blog\/wp-content\/uploads\/2019\/08\/cybersecurity-concept-1024x630.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Cybersecurity concerns have been top-of-mind for many of us in recent days ever since the news broke that Capital One Financial Corp. experienced a major hack, with millions of records exposed.<\/p>\n<p>The incident involved the personal information of approximately 106 million Capital One card applicants and customers, according to The Wall Street Journal article \u201c<a href=\"https:\/\/www.wsj.com\/articles\/capital-one-breach-casts-shadow-over-cloud-security-11564516541\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">Capital One Breach Casts Shadow Over Cloud Security<\/a>.\u201d The data was stored via Amazon Web Services, and, as a result, the breach has spurred questions about <a href=\"https:\/\/www.stratospherenetworks.com\/blog\/how-secure-is-the-cloud-what-you-should-know-to-keep-your-data-safe\/\" target=\"_blank\" rel=\"noopener noreferrer\">how safe cloud storage really is<\/a>.<\/p>\n<p>This high-profile data breach serves as yet another reminder for us all to remain vigilant and aware of cybersecurity risks. Hackers are constantly coming up with newer and craftier ways to get around IT security defenses and access sensitive information. New types of malicious software get released every day.<\/p>\n<p>It\u2019s more important than ever for business leaders to stay informed about the IT security threat landscape to stay ahead of cybercriminals and safeguard customers\u2019 data. If you\u2019re an IT manager or executive at any sort of company, here are some statistics that you should see that provide vital perspective on the status of cybersecurity and cybercrime today.<\/p>\n<h2>Data Breach Prevalence, Frequency and Origins<\/h2>\n<p>There were <strong>1,244 <\/strong>data breaches reported in 2018 (Source: <a href=\"https:\/\/www.idtheftcenter.org\/wp-content\/uploads\/2019\/02\/ITRC_2018-End-of-Year-Aftermath_FINAL_V2_combinedWEB.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">Identity Theft Resource Center (ITRC) 2018 End-of-Year Data Breach Report<\/a>).<\/p>\n<p>Those breaches exposed <strong>446,515,334<\/strong> records containing sensitive information, in addition to <strong>1.68 billion <\/strong>non-sensitive records (Source: ITRC).<\/p>\n<p>The majority (<strong>52 percent<\/strong>) of breaches involve hacking, and <strong>69 percent <\/strong>are carried out by outsiders (Source: <a href=\"https:\/\/enterprise.verizon.com\/resources\/reports\/dbir\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">Verizon\u2019s 2019 Data Breach Investigations Report<\/a>).<\/p>\n<p>Errors are part of the cause of <strong>21 percent <\/strong>of breaches (Source: Verizon\u2019s DBIR).<\/p>\n<h2>Data Breach Targeting<\/h2>\n<p>The majority (<strong>71 percent<\/strong>) of breaches are financially motivated (Source: Verizon\u2019s DBIR).<\/p>\n<p>Nearly half (<strong>43 percent<\/strong>) of breaches involve small business victims (Source: Verizon\u2019s DBIR).<\/p>\n<p>More than half (<strong>58 percent<\/strong>) of small and medium-sized businesses report experiencing a data breach during the past 12 months, but only <strong>28 percent <\/strong>of SMBs say their ability to respond to attacks, combat threats and address vulnerabilities is \u201chighly effective\u201d (Source: Ponemon Institute\u2019s <a href=\"https:\/\/keepersecurity.com\/assets\/pdf\/Keeper-2018-Ponemon-Report.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">2018 State of Cybersecurity in Small &amp; Medium Size Businesses report<\/a>).<\/p>\n<h2>Cloud Security<\/h2>\n<p>Although data in the cloud is relatively safe, <strong>93 percent <\/strong>of cybersecurity professionals say they\u2019re moderately to extremely concerned about public cloud security (Source: <a href=\"https:\/\/www.isc2.org\/resource-center\/reports\/cloud-security-report\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">(ISC)<sup>2 <\/sup>2019 Cloud Security Report<\/a>).<\/p>\n<p>Roughly one out of every four organizations (<strong>28 percent<\/strong>) report experiencing a cloud security incident during the past 12 months (Source: (ISC)<sup>2<\/sup>).<\/p>\n<h2>Malware Prevalence and Origins<\/h2>\n<p>The AV-TEST Institute, an independent cybersecurity research organization, registers <strong>more than 350,000<\/strong> new malicious programs and potentially unwanted applications every day (Source: <a href=\"https:\/\/www.av-test.org\/en\/statistics\/malware\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">AV-TEST<\/a>).<\/p>\n<p>The median company receives <strong>upwards of 90 percent<\/strong> of their detected malware via email (Source: Verizon\u2019s DBIR).<\/p>\n<h2>Anti-Virus Effectiveness<\/h2>\n<p>On average, anti-virus is effective at blocking only <strong>43 percent <\/strong>of cyberattacks (Source: Ponemon Institute\u2019s <a href=\"https:\/\/cdn2.hubspot.net\/hubfs\/468115\/whitepapers\/state-of-endpoint-security-2018.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"external external_icon\">2018 State of Endpoint Security Risk report<\/a>).<\/p>\n<p>Taken together, all of these statistics illustrate a reality in which hackers target businesses of all sizes, new types of threats emerge constantly, and traditional solutions like anti-virus on their own aren\u2019t enough to fend off the onslaught of cybercrime.<\/p>\n<p>To successfully avoid becoming a data breach victim, your business must invest in advanced cybersecurity solutions, such as a next-gen firewall, network and endpoint managed detection and response, and proactive round-the-clock monitoring, among others.<\/p>\n<p>Ultimately, no matter what industry you\u2019re in or how big or small your business, building a comprehensive cybersecurity strategy is imperative if you want to avoid a data breach, which could cost you not only revenue but also your customers\u2019 trust. An <a href=\"https:\/\/www.stratospherenetworks.com\/it-security-assessment-offering.html\" target=\"_blank\" rel=\"noopener noreferrer\">IT security assessment<\/a> is a great first step if you\u2019re looking to improve your security posture, since you\u2019ll need to identify current vulnerabilities in your network and IT environment.<\/p>\n<p>If you\u2019d like to learn more about <a href=\"https:\/\/www.stratospherenetworks.com\/managed-cybersecurity-solutions.html\" target=\"_blank\" rel=\"noopener noreferrer\">what you can do<\/a> to protect your business and safeguard your clients\u2019 data, Stratosphere Networks has cybersecurity experts on staff who would be happy to answer your questions. You can reach us by calling 877-599-3999 or emailing <a href=\"mailto:sales@stratospherenetworks.com\" target=\"_blank\" rel=\"noopener noreferrer\">sales@stratospherenetworks.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cybersecurity concerns have been top-of-mind for many of us in recent days ever since the news broke that Capital One Financial Corp. experienced a major hack, with millions of records exposed. The incident involved the personal information of approximately 106 &hellip; <a href=\"https:\/\/www.stratospherenetworks.com\/blog\/15-cybersecurity-stats-every-business-leader-should-see\/\">Read more <span class=\"meta-nav\">><\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[],"class_list":["post-3060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-tips-from-the-president"],"yoast_head":"<title>15 Cybersecurity Stats Every Business Leader Should See<\/title>\n<meta name=\"description\" content=\"Cybersecurity has become a pressing concern for businesses across all industries. 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