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Cybercrime is the greatest threat to every company in the world.” During the next five years, cybercrime might become the greatest threat to every person, place and thing in the world. With evolving technology comes evolving hackers, and 60% of network users are behind in their cyber security. Municipalities, small Governments and MSP's are among the most vulnerable..... 
 
How can Abadata help? Call us at 989 883 3411 and ask for help. We can offer a range of services designed to to take the worry out of your business, leaving you to engage in your area of expertise whilst we take care of the IT!
 
The cybersecurity industry is rapidly growing every day. Although more resources are being deployed to counter cyber attacks, the nature of the industry still has a long way to go before we can, as a whole, catch up with these threats. It’s important for us to define what the current information security and cybersecurity industry looks like with these alarming 15 Cyber Security Facts and Stats.
 

1. 95% of breached records came from only three industries in 2016

Government, retail, and technology. The reason isn’t necessarily because those industries are less diligent in their protection of customer records. They’re just very popular targets because of the high level of personal identifying information contained in their records.

 

2. There is a hacker attack every 39 seconds

A Clark School study at the University of Maryland is one of the first to quantify the near-constant rate of hacker attacks of computers with Internet access— every 39 seconds on average, affecting one in three Americans every year —and the non-secure usernames and passwords we use that give attackers more chance of success.

 

3. 43% of cyber attacks target small business

64% of companies have experienced web-based attacks.  62% experienced phishing & social engineering attacks. 59% of companies experienced malicious code and botnets and 51% experienced denial of service attacks.

 

4. The average cost of a data breach in 2020 will exceed $150 million

As more business infrastructure gets connected, Juniper Research data suggests that cybercrime will cost businesses over $2 trillion total in 2019.

 

5. In 2018 hackers stole half a billion personal records

This was a 126% jump from 2017. Since 2013 there are approximately 3,809,448 records stolen from breaches every day.. 158,727 per hour, 2,645 per minute and 44 every second of every day reports Cybersecurity Ventures.

 

6. Over 75% of healthcare industry has been infected with malware over last year

The study examined 700 healthcare organizations including medical treatment facilities, health insurance agencies and healthcare manufacturing companies.

 

7. Large-scale DDoS attacks increase in size by 500%

According to the Q2 2018 Threat ReportNexusguard’s quarterly report, the average distributed denial-of-service (DDoS) attack grew to more than 26Gbps, increasing in size by 500%.

 

8. Approximately $6 trillion is expected to be spent globally on cybersecurity by 2021

Organizations need to make a fundamental change in their approach to cybersecurity and reprioritize budgets to align with this newly defined reality of our modern society.

 

9. By 2020 there will be roughly 200 billion connected devices

The risk is real with IoT and its growing. According to figures compiled within a recent Symantec Internet Security Threat Report, there are 25 connected devices per 100 inhabitants in the US.

 

10. Unfilled cybersecurity jobs worldwide will reach 3.5 million by 2021

More than 300,000 cybersecurity jobs in the U.S. are unfilled, and postings are up 74% over the past five years.

 

11. 95% of cybersecurity breaches are due to human error

Cyber-criminals and hackers will infiltrate your company through your weakest link, which is almost never in the IT department.

 

12. More than 77% of organizations do not have a Cyber Security Incident Response plan

What’s worse? An estimated 54% of companies say they have experienced one or more attacks in the last 12 months.

 

13. Most companies take nearly 6 months to detect a data breach, even major ones

Equifax, Capital One, and Facebook just to name a few. Information such as passwords, credit card details, and social security numbers may already be compromised by the time you’re notified.

 

14. 46% of all Bitcoin transactions involve illegal online activity

Cryptocurrency is becoming one of the largest unregulated markets in the world. A recent study shows that around $76 billion in cryptocurrency is used in criminal activity every year.

 

15. Total cost for cybercrime committed globally has added up to over $1 trillion dollars in  2018

Don’t think that all that money comes from hackers targeting corporations, banks or wealthy celebrities. Individual users like you and me are also targets. As long as you’re connected to the Internet, you can become a victim of cyber attacks.

 

What does it all mean?

Ginni Rometty, IBM’s chairman, president and CEO, said: “Cybercrime is the greatest threat to every company in the world.” And she was right. During the next five years, cybercrime might become the greatest threat to every person, place and thing in the world. With evolving technology comes evolving hackers, and we are behind in security.

 
Understanding the cyber terminology, threats and opportunities is critical for every person in every business across all industries. By providing advanced cyber training and education solutions in all departments of your business, from marketing and sales to IT and InfoSec, you are investing in your company’s protection against cyber threats.
 
 
Article reproduced courtesy of Cybint (Cyber Solutions) written by Devon Milkovich September 23rd 2019......

 

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Abadata Helps SMBs Reduce Overhead and Boost Productivity With Remote Workers
 
Leader in Unified Communications Educates Business Owners on New Workplace
 

Michigan – July 31, 2017 - Abadata, a leader in unified communications, announced today that the company is helping small to mid-sized businesses (SMBs) reduce their office expenses and increase productivity by capitalizing on the growing trend of remote workers. It’s no secret that millennials have made a major impact redefining the modern workplace and remote workspaces have become more commonplace than ever before. Abadata has taken a proactive role in educating business on the benefits of a remote workforce as well as providing the technology to make this transition.


As new technologies have made it easier than ever before to work productively from any location, at any time, the number of remote workers has dramatically increased. While some managers are hesitant to embrace this new modern style of workplace and consider this trend to have overstepped its boundaries, these numbers show no sign of slowing down. In fact, according to Time Magazine, “By 2025, 3 out of every 4 workers globally, will be millennials.” While millennials are often thought of to be the primary generation forcing this workplace shift, that’s not the case. According to Price Waterhouse Cooper’s NextGen study, it was found that “64% of millennials surveyed would like to occasionally work from home. This study also showed a slightly higher percentage, 66% to be exact, among members of Gen X and Boomers that would prefer to work from home,” which implies that not only do millennials prefer a remote workspace, but everyone else in the workforce as well.

For any organization that wishes to remain at the forefront of their industry, this new paradigm cannot be ignored any longer. However, the most innovative C-Level Executives are finding ways to utilize a remote workforce to increase productivity, raise employee happiness and create more profitable organizations.

Business owners that embrace remote working are noticing an increase in productivity from their off-site employees. According to Inc. Magazine, “remote workers are almost twice as likely to work beyond 40 hours per week”. The technology that Abadata provides enables managers and employees to collaborate through video conferencing, access all of their company’s data, programs, etc. in a cloud workspace environment, and leverage a cloud based phone provided to the employee in their home. Businesses can significantly downsize their physical office and reap the rewards of reduce costs.

The benefits to the remote worker are obvious. Employees can spend more time with their loved ones, instead of wasting several hours every day stuck in stress-inducing, gridlocked traffic. Flexibility is another obvious benefit and while remote working is still largely considered to be a perk, managers are awarding their proven staff members with it.

“The happier our employees are, the happier our customers end up,” stated Dave Wineman, President of Abadata. “Many business owners are afraid of declining productivity if they embrace a remote workforce; however, we’ve experienced quite the opposite. There’s been a much higher focus on delivering results, instead of aimless chatter around the water cooler. There are specific technological tools that greatly contribute to the success of a remote workforce.”

 
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