The costs and consequences of a data breach or cybersecurity incident have never been more severe. According to the FBI’s recently released Internet Crime Report 2020, cybercrime resulted in $4 billion in losses last year, a low estimate that still encapsulates the incredible value lost to threats actors. For small businesses, the costs can be catastrophic. As Vox reports, 60% of small businesses will close after a data breach, underscoring the high-stakes bottom-line nature of cybersecurity.
Ransomware groups are becoming more boastful and even advertising for affiliates, according to a recent article. Read more to see which groups are more active and how to defend your organization.
In a SecureAuth survey, 62% of respondents claimed to use the same password across three to seven different accounts. It begs the question: If passwords play an integral role in cybersecurity performance, why are people so remiss when it comes to practicing good password hygiene? Practicing good password hygiene is a security measure that organizations must take to protect against cyber threats.