Small Talk BIG Links - Cybersecurity & YOU!
Addressing how cybersecurity impacts the individual
Cybersecurity & YOU!
Let’s face it; we live in a digital world. Our work lives, personal lives, and finances have all begun gravitating toward the world of the internet, mobile computing, and electronic media. Unfortunately, this widespread phenomenon makes us more vulnerable than ever to malicious attacks, invasions of privacy, fraud, and other such unpleasantries.
That’s why cybersecurity is such a vital part of a secure and well-ordered digital world. Cybersecurity keeps us safe from hackers, cyber criminals, and other agents of fraud. But how good is your cybersecurity knowledge?
What is Cybersecurity and Why it is Needed?
Cybercrimes have cost the world $2 trillion so far in 2019, according to recent research. Cybersecurity Ventures predicted in 2017 that damages would hit $6 trillion by 2021, prompting global spending of roughly $10 billion in cyber-security measures by 2027 to protect against these catastrophic losses.
But it’s not just the big companies and organizations that get hit. Average, everyday consumers experience phishing schemes, ransomware attacks, identity theft, data breaches, and financial losses. For instance, it takes just five minutes to hack an internet-connected device, which includes your smartphone, smartwatch, on-board automobile computer, smart television, and home control systems, according to a Netscout report.
This means the more we rely on the internet, the more we need good cybersecurity in all its forms.