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Cyberattacks: Some Scary Stats and How to Reduce the Threat

Published on October 31, 2022 by Alex Allen

Categories: Information Security

Cyberattacks are growing at an alarming rate, but you may not know the extent of it. 

  • In Q4 2021, there was an all-time peak in weekly cyberattacks, totaling over 900 attacks per organization 
  • In 2021, there was an increase of 71% in overall attacks per week on corporate networks compared to 2020. 

Check Point Research, 2022

According to a recent study by IBM, the average cost of each cyberattack is close to $4 million!  

Scary numbers for sure, but here’s how to protect your company from being a cyberattack victim. 

Knowing the growth and cost of cyberattacks, it’s critical that you understand the most important aspects of preparing for and preventing these attacks. Educating and training employees is one of the most important things a company can do to prevent cybersecurity risk.  

Studies prove that most break-ins to homes are not complex. Burglars are able to break in through doors, not windows or more complicated schemes. That is why arming your doors with a security system is a wise and cost-effective solution. Your company is no different. Think of your employees as being that “door”  through which cyber criminals can find the easiest way into your company’s information.  

Educating, training, testing and monitoring your employees is one of the best ways to ensure your doors are properly locked and protect you from potential cyber intruders. It’s important that your cybersecurity training partner offers:

  • On-premise or virtual training sessions to introduce the program and demonstrate executive support 
  • Unique simulated phishing test emails that are tailored to staff members.  
  • A wide set of phishing email templates and a cadence that drives user awareness. Generally a bi-weekly cadence is a best practice. Emails can also be tailored to address the unique attributes of your industry to be specifically tailored to your company. 
  • Security awareness training videos housed on a centralized portal. Experienced cybersecurity providers can select videos that will work best for your organization. These will have the ability to track video engagement and ensure all employees receive this vital training. This can all be done with little extra effort on your part.   
  • A remedial security awareness training program. If an employee clicks on a simulated phish email, an automated program can provide remedial training to address the vulnerability 
  • Dashboards and detailed reporting so management can see employee’s progress and visibility into the overall cybersecurity awareness of the organization. 

Ready to learn more?

If you’d like to learn more about cybersecurity get in touch with us.