By 2025, cybercrime is expected to cost the world $10.5 trillion annually. That’s up from $3 trillion in 2015. As attacks become more sophisticated and the world becomes increasingly more digital, the costs of cybercrimes will only rise.
But as a Miami cybersecurity company, we know that the true cost of a cyberattack is multifaceted and far-reaching.
As a leading cybersecurity company in Miami, we often recommend that our business clients invest in a cybersecurity assessment. With cybercrime on the rise, businesses have a responsibility and, often, a legal duty to safeguard client and customer data.
As cybercrime becomes more common, more myths and misconceptions arise that put businesses and their teams at risk.
Here are the top 6 cybersecurity myths and misconceptions according to a Miami cybersecurity company.
6 Top Cybersecurity Myths and Misconceptions
1. My Password is Strong, So I’m Safe
Having a strong password is important, but it’s no guarantee that you’ll be completely shielded from cyber attacks.
Cybercrime is projected to cost the world over $10 trillion annually by 2025. With attacks on the rise, every business in Miami – no matter its size – should make cybersecurity awareness a top priority. But for measures to be effective, awareness should start at the top.
Small business owners are often the target of cyberattacks because their security measures cannot compare to a major corporation. Cybercrimes cost businesses over $2.7 billion a year, and this is a figure that continues to rise.
As a firm offering cybersecurity in Miami, we see our clients experience a wide range of attacks.
Cybersecurity risks are a major concern for businesses worldwide. A single attack can cost a business millions of dollars to remedy. Roughly 88% of small business owners feel like they're at risk of an attack.
One of the first steps we recommend when offering cybersecurity in Miami is creating an emergency response plan.
