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Cybercrime to cost over $10 Trillion by 2025

Security Boulevard

Cyber attacks are a threat to businesses of all sizes and in all industries. By 2025, it is estimated that cybercrime will cost businesses worldwide $10.5 According to the report, businesses may also suffer from: Loss of data. Minimize data transfers. Encryption tools can be used to protect data from outsiders.

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How can small businesses ensure Cybersecurity?

CyberSecurity Insiders

Small businesses are more vulnerable to cyber-attacks since hackers view them as easy victims to target. While this may seem unlikely, statistics reveal that more than half of these businesses experienced some form of cyber-attack in 2022. They also have a limited budget to spend on effective cyber security measures.

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Tackling DORA Compliance With a Focus on PAM

IT Security Guru

The result of this digitalisation is predominantly to bring speed, ease of use and innovative services to customers, yet it also introduces the risk of cyber attacks or incidents that could lead to data breaches, downtime and financial losses. DORA takes effect in January 2025.

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Recognising Scam Patterns and Preventing Data Loss: A Unified Approach

IT Security Guru

The predictions are on their side, as more intense and frequent cyber attacks will drive up costs by 15% per year. At the same time, data loss will have serious repercussions, including financial losses ($10.5 trillion in annual costs in 2025), operations disruptions, regulatory fines, and reputational damage.

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How Secure Is Cloud Storage? Features, Risks, & Protection

eSecurity Planet

This integration ensures that the storage environment is capable of detecting, preventing, and recovering from ransomware assaults, which contributes to the overall resilience of stored data. Gartner predicts that by 2025, 60% of organizations will require integrated ransomware defense strategies on storage devices, up from 10% in 2022.

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Proactive Intelligence: A Paradigm Shift In Cyber Defense

Security Boulevard

Protective DNS can help organizations stop phishing attacks before they can do damage. Cost Efficiency According to IBM’s Cost of a Data Breach Report 2023 , the global average cost of a data breach in 2023 was $4.45 million — 15% more than it was in 2020.

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Protecting your Customers and Brand in 2022: Are you doing enough?

Jane Frankland

They know that by 2025 an estimated 70% of the workforce will be working remotely at least 5-days per week and by 2030 90% of the world’s population (7.5 Executive stakeholders are being prepared for average data breach costs, which according to IBM now reside at just over $4.24 billion) is expected online.

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