Cybercrime has cost victims $126 billion worldwide and it has indeed established itself as a criminal enterprise. Every day, we see headlines on security and data breaches, invasion of privacy, and hacking. Cybercriminals continue to innovate new ways to attack and both private and public sectors remain vulnerable. Studies have shown that millennials – those who are born between 1982 and 2004 – are among the top victims of cybercrimes. According to a 2016 report by Norton Cyber Security, 40% of millennials have fallen victim to cybercrime in.
For many years now, data has been a critical part of every organization. Criminals have been sharpening their tools to breach companies’ cybersecurity to get a hold of sensitive data. What is a data breach? A data breach occurs when a cybercriminal is able to infiltrate a data source and acquire sensitive information, either done physically by accessing a computer or a network and steal the information or compromising a network security remotely. The latter is the one often used to target companies. What are types of data.
News on data breaches, cybercrime, and invasion of privacy have saturated the headlines in the recent years; and this inevitably creates concern for companies, small businesses and large enterprises alike. Hackers continue to enhance their tools and scout for new cyberdefenses to penetrate, and any business remains vulnerable to a cyber attack. The question is: what can you do to protect your company’s sensitive data? Here are 10 cybersecurity practices you may want to adopt. Raise awareness and educate your employees. It is the employees who can either.