image credit: Lovefreund
While cyber attackers chase down system vulnerabilities and valuable data each passing day, the business world has taken the measures against them. The latest trends and cybersecurity statistics reveal that data from various sources, especially mobile and IoT devices, is targeted and attacked. Organizations face the risk of data loss due to unprotected data and weak cyber security practices.
In the first half of last year, 4.1 billion of data records were exposed, while the average time needed to detect a leak was 206 days. While the average loss caused by a data breach is estimated at $3.86 million for businesses, cyberattacks will create over $5 trillion in losses globally in the next year.
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