Did you know cybercriminal activity increased by 600% in 2020 alone? When the pandemic struck and businesses were forced online, criminals saw an opportunity in the chaos and confusion to make the most damage to those who were the most vulnerable. Cybercrimes such as ransomware, phishing attacks, and theft of intellectual property are only the beginning. In 2021 the damages worldwide totaled close to $6 trillion. For reference, that amount of money would be the equivalent to giving every single person in the whole world $774 each. With the significant rise of cybercrimes in the past 2 years, we all need to make more strides in both our personal and business security to meet this ever growing challenge. One extremely simple way to better protect ourselves in this cyberwar is by addressing our account and login security.
The average person online has 100 passwords in circulation, so it can be tempting to choose something simple and easy to remember. We often don’t consider how simple and easy it would be for a cybercriminal to find one password and then gain access to a slew of logins for other websites. What sensitive information of yours or your organization could they discover and use for ransom or identity theft?
Three very important rules of thumb:
Sources:
Cloudwards https://www.cloudwards.net/cyber-security-statistics/