5 biggest cybersecurity threats | 2021-02-03 | Security Magazine - 0 views
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Since the beginning of the pandemic, the FBI has seen a fourfold increase in cybersecurity complaints, whereas the global losses from cybercrime exceeded $1 trillion in 2020.
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In 2020, almost a third of the breaches incorporated social engineering techniques, of which 90% were phishing.
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Ransomware is a data-encrypting program that demands payment to release the infected data. The overall sum of ransom demands will have reached $1.4 billion in 2020, with an average sum to rectify the damage reaching up to $1.45 million.
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here were 4.83 million DDoS attacks attempted in the first half of 2020 alone and each hour of service disruption may have cost businesses as much as $100k on average.
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Third party software. The top 30 ecommerce retailers in the US are connected to 1,131 third-party resources each and 23% of those assets have at least one critical vulnerability.
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To strengthen the cloud computing defenses in the future, stakeholders should pay attention to proper cloud storage configuration,