Author – Karthik Reddy
With the exponential growth of online businesses, our personal and financial information has never been more at risk of cybercrimes. Although defences against these attacks are constantly being developed, so are the new ways to overcome them.
There are many types of cybercrime. They include malware, compromised and stolen devices, web based attacks, malicious code and ransomware, to name a few. Most commonly online businesses are targeted, but it is also very common for medical and healthcare industries to be vulnerable to attacks. You can find out a lot more about the types of cybercrime and ways to protect against them at BestVPNs.
Although the attacks are often successful, many businesses do a good job at protecting themselves. In 2016 alone, there were 144 million attacks prevented. This is a number that is steadily growing each year.
It is not just businesses and companies that can be threatened. It is not unlikely that you as an individual have also been subject to attack in the form of some spam emails or dangerous pop ups. In fact, 91% of attacks begin with email phishing, and 30% of these emails get opened.
For a large firm in the UK, the average annual security breach costs around £36,500. Therefore, it is not surprising that the global cybersecurity market was worth around $120 billion in 2017. Cybersecurity is a huge industry, and one that businesses around the globe are investing huge amounts of money in. The industry is still growing, and in 2018 the market will be even bigger.
For more details regarding this study, please check out this link .