Cybersecurity risks are increasing day by day. Recent trends revealed that nearly 20 breaches per day were reported in the first half of 2019. Additionally, cybersecurity statistics show a huge increase in breached and hacked data from sources that are common in workplaces, such as computers, mobiles, and IoT devices.
From your revenue to your brand’s reputation, a cybersecurity attack can have drastic long-term effects on your business.
Data breach statistics show that attackers are highly motivated by money to acquire data and personal information that is highly valued or confidential to companies.
Ransomware is usually considered as one of the most common attacks used by cybercriminals to attack companies. Nearly 39% of the global data breaches caused by malware were ransomware. Such attacks lead to loss of revenue, damaged brand reputation, and oftentimes the complete loss of data.
In order to give you a better idea of how cybersecurity attacks impact your business, we’ve compiled a list of the long-term effects of a data breach.
Author Bio – Aaron Cure is the Principal Security Consultant at Cypress Data Defense and an instructor and contributing author for the Dev544 Secure Coding in .NET course.
After 10 years in the U.S. Army, I decided to switch my focus to developing security tools and performing secure code reviews, penetration testing, static source code analysis, and security research.
