IT systems and technology have become mission-critical to organizations of all sizes. The rapid adoption of quickly changing cloud-based solutions, combined with the speed and sophistication of cyberattacks, can quickly leave IT security teams fighting an impossible battle.
With an evolving security perimeter, firewalls alone cannot prevent attacks and are ineffective at mitigating a breach once it occurs. Now more than ever, your security solution must be a multi-layered protection approach that includes training, tools, dedicated people, and outside validation.
The risks are too large to ignore. No matter the size of your business, security needs to be a priority. Both financial losses and reputations are at stake. The average breach of a small business costs almost $750,000, and for mid-market and enterprise clients, that number rises to over $4 million dollars. All of this has played a part in what has become a rapidly growing technology market. Cybercrime is rising exponentially. Cybersecurity Ventures says the cost of cyber security crime is predicted to hit $8 trillion in 2023 and will grow to over $10 trillion by 2025. Those that don’t invest where needed will become the easy targets for bad actors. And if that’s not an impetus to change, here are 34 cybersecurity stats you might lose sleep over.
With access to a range of managed security solutions and a deep understanding of the keys to a successful cybersecurity defense, Bluewave can keep you stay ahead of the curve when it comes to security.