Cyber security, information security, or security … each refers to something specific, but these all mean more or less the same thing.
Identifying and protecting your business, information, and technolgy.
Maintaining the security program and planning for response and recovery.
Scary Numbers
Plenty of them. These are unverified, but they can be. Even with something like a 30% variance, they are attention getting.
- 28% of SMB* have no cyber secuirty controls in place.
- 60% of SMB go out of business with in six months of a breach.
- 450,000 new malicious or unwanted apps are registered daily.
- About 2200 cyberattacks daily, one every 39 seconds.
- In 2011: five major ransomeware attacks annually. By 2024: 25 per day.
- In 2022, there were 5.4 billion attacks globally.
Need more? Search “scary cybersecurity numbers”. It’d be fun if it wasn’t terrifying.
* Small and Medium size Business
More FAQs
What is a good security budget?
You can get started for less than $500 and any kind of program makes a big difference. A good start is just thinking about, writing down, and communicating to your team what could happen and taking steps to be prepared to respond and recover.
The more technology you use and the type of infrastructure drives the cost to protect, detect, and respond. Of most importance: know how the investment helps your business meet its objecives. Focus on protecting the important parts.
What’s the most important action to take?
There is no clear winner but some top contenders include:
- Inventory hardware and software – you can’t protect what you don’t know about
- Cyber Security Awareness – Most breaches trace to a lack of it
- Malware controls – on every endpoint, keeping them updated
- Documenting the program – a method to maintain and improve and to communicate to your team
- Backups – great to have if you lose your data
- Physical security – locking things up, addressing the risks associated with the physical world
- Measurement – meaningful metrics to inform how the program is doing and where it needs investment