10 Alarming Facts About Data Breaches That Will Make You Want To Reinforce Cyber Security At Your Work Place

Cyber Crime is one pivotal issue that the world is struggling with right now. Even some of the major organizations that exist today have emphasized the importance of stricter cybersecurity laws. Last year the Chairman and CEO of Yahoo, Ginni Rometti confessed that it is indeed the greatest threat to all the companies in the world. We take a look at some alarming facts about Data Breaches that will convince you to reinforce cybersecurity at your workplace.

1. There is a data breach every 39 Seconds. The increasing number of miscreants on the other side also reflects in the rate of data breaches every single day.

2. As bizarre as it may sound, the most number of compromised documents in 2016 came primarily from just three industries. These were Government, Technology and Retail.

3. Surprisingly, it is the small companies that are increasingly becoming the primary target. Almost 43% of the attacks by hackers target small businesses.

4. Experts suggest the average cost of each data breach may rise to as much as $150 Million by 2020. They believe the primary reason for this is the infrastructure that is getting connecting at an exponential rate.

5. Almost 44 documents are compromised due to data breaches every second. As of 2013, the total number of documents stolen has been recorded at 3,809,448.

6. A feeble 38% of the more prominent corporations claim that they are capable of dealing with a sophisticated cyber attack.

7. Malwares have infected over 75% of the total health industry since 2017. Ponemon Institute suggests that the average cost of a stolen healthcare record is $367. Apparently, they are even more valuable than a stolen credit card.

8. The total cost of cyber attacks committed globally has been recorded at a whopping $100 Billion.

9. Experts believe the risks will increase significantly as there might be as much as 200 Billion connected devices on the internet by 2020. Think IoT now!

10. Dealing with cybersecurity will apparently cost the world around $1 Trillion from 2017–2021.

These were some alarming facts about data breaches around the world that will enlighten you about the severity of the issue. If you happen to be an individual or an organization that wants to secure your data from such vulnerabilities, then try our tool WebEagle.