Cyber criminals are on the rise and as per this infographic, some industries are more prone to cyber attacks than others. Are you at risk of being the next cyber attack target.
Cyber-crime costs the U.S. economy a grand total of $100 billion each year. Furthermore, during 2014, hackers stole and exposed the personal information of roughly half of all the adults in the U.S.
The Gist Of This Infographic
The past few years have been quite “action-packed” in the cyber-criminal world. From the Snapchat hack of 2013 that exposed 4.6 million user accounts, to the August 2015 Ashley Madison data breach that lead to the release of massive amounts of user information, virtually everyone in the developed world has been directly or indirectly impacted by a recent cyber attack.
Cyber crimes are essentially the 2.0 of physical (and even sexual) assaults. One might refer to them as virtual assaults, the act of attacking the virtual presence of another human being. Whether you’re the next cyber attack target or not, it would be wise for you (as an individual and as an organization) to guard yourself against them. As this infographic by Sentek Global recommends, the solution is to adopt and maintain sound cyber-security systems and practices that protect you from cyber attacks.
As with any other criminal activity, prevention is better than cure. Protect yourself from cyber-attacks by adopting preventative measures such as:
- anti-virus and anti-malware protection
- data encryption of sensitive information
- securing all database entry/exit channels
- strict policy of frequent password changes
- education/training for yourself (or employees)
- consulting services to inspect/improve security
More About Cyber Crimes
We use the term “cybercrime” to refer to any crime that involves a computer and a network. Cyber-criminal activity is widespread in the technology age of today. It is the sort of thing that anyone can and does engage in – from governments and private companies, to hacker groups and lone sharks. While countries attack one another and protect their interests through cyber-warfare, terrorists use cyberspace and computer resources to commit cyber-terrorism.
In mid 2013, security software company McAfee sponsored a study into the financial damage of cyber-criminal activity. Developed and released by the Center for Strategic and International Studies (CSIS), the report estimates that cyber-crime costs the global economy as much as $445 billion annually. It states that approximately $160 billion of this accounts for damage to individuals, while the remaining $385 billion accounts for damage to business from crimes like intellectual property theft.
Credit card and debit card fraud is also a prominent form of cyber-crime which cost US citizens about $1.5 billion in 2012. (Learn more on Wikipedia)
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