Many may have heard about the recent data breach at LastPass, a popular password vault and management solution.
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Steve Loyer
President and CEO
According to Cybersecurity Ventures, the global cost of cybercrime will grow by 15 percent per year reaching $10.5 trillion USD annually by 2025, a steep increase from just $3 trillion USD in 2015.
This is typically encapsulated in a comprehensive snapshot that any technical member of the organization can look at to understand its current comprehensive security status.
According to recent statistics, BYOD market size is expected to reach $366.95 billion by 2022. BYOD or the philosophy of employees bringing their own device to the workplace and the need for mobility have become so pervasive that 87% of businesses are now dependent on their employee’s ability to access mobile business apps from their smartphone
Many people tend to associate the word “spam” with spam emails.
Even during the pandemic period, the global market for Virtual Private Network (VPN) saw a healthy upswing growing at a CAGR of 17.2% over the analysis period 2020-2027 and expected to reach US$107.6 Billion by 2027.
The words cyberattack and data breach are used near synonymously, they mean quite different things. Simply put, a cyberattack is primarily about cybercriminals getting unauthorized access to a computer or a network with the intent to harm.
Google Safe Browsing data indicates that there are now nearly 75 times as many phishing sites as there are malware sites on the Internet.
The COVID-19 pandemic saw a rampant rise in cybercrime by as much as 600% with a large percentage of them (43%) targeting small businesses. The growth in cybercrime is also evident from over 2 million phishing sites that Google has registered as of January 2021.
In 2019, the Advanced Authentication Market in the U.S was valued at $9.75 billion, and by 2025, that number is expected to balloon up to $20.73 billion, an increase of over 112 percent.