In addition, with the business environment increasingly challenging due to supply chain issues, SMBs are under pressure to optimize their operations and are turning to the IT outsourcing model to ensure their business's survival.
Malware is a type of virus that tries to take over your computer and control it. It can do this in several ways, including installing malicious programs, capturing login information and email addresses, or hijacking essential files.
Although threat detection has improved by leaps and bounds in recent years, with nearly 72% of respondents claiming attack detection range within hours with 50% claiming near real-time detection, organizations remain doubtful about their ability to detect and prevent an attack before it becomes widespread.
Cyber-attacks can disrupt and destabilize your business significantly. Denial of service attacks (DoS attacks) and Ransomware attacks are a perfect example of this.
Cybercrime has gone up to an unbelievable extent in the wake of the pandemic. The cumulative impact of different types of cyber-crimes including everything from theft, embezzlement to data hacking, is up by a staggering degree of 600%.
The holiday season is prime time for roaring sales in counterfeit goods. So, if you spot an unbelievable price tag on a highly coveted item, chances are that the goods may be counterfeit.
Historical data suggests that 93% of companies that undergo a disaster without having a proper recovery plan in place tend to lose the business within 5 years.