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Cybercrime costs are projected to reach $6 trillion annually by 2021. This staggering figure highlights the lucrative nature of cybercrime and the importance of investing in cybersecurity measures.
95% of cybersecurity breaches are due to human error. Cyber attackers exploit human mistakes to access systems, emphasizing the need for rigorous training and awareness programs.
A business falls victim to a ransomware attack every 14 seconds. Ransomware encrypts data, demanding payment for its release, showcasing the critical need for backup and prevention strategies.
43% of cyberattacks target small businesses. Small enterprises often have weaker defenses, making them attractive targets for cybercriminals.
The average cost of a data breach for companies is around $3.86 million. This includes direct expenses and indirect costs like brand damage and lost business opportunities.
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