ππ‘ The staggering rise of #Cybercrime costs is a wake-up call for us all. According to Cybercrime Magazine, these costs are expected to grow by 15% per year, reaching a mind-boggling $10.5 trillion annually by 2025. π
#SmallBusinesses, in particular, are prime targets for cybercriminals. It’s crucial for every organization to bolster their cybersecurity defenses.
π Key points to consider:
- Cybercrime costs: Projected to hit $10.5 trillion annually by 2025.
- Small businesses: Highly vulnerable and targeted.
- Action required: Strengthen cybersecurity measures now.
- CISAβs Action Plan for Small Business includes:
- Multi-Factor Authentication
- Keep Software Updated
- Audit and Disable Unnecessary & Old Staff Accounts
- Apply the Principle of Least Privilege
- Exercise Due Diligence with Vendors
- Ensure Proper Security Language is in IT/Security Service Provider Contracts
- Manage Architecture Risks
- Implement Security Awareness Training
- Develop and Exercise Incident Response Plans
πΌ With over 25 years of experience in the cybersecurity field, I’m dedicated to helping businesses navigate these challenges. Let’s discuss how we can secure your organization against these rising threats.
π For CISA’s full plan see here: https://www.cisa.gov/resources-tools/resources/mitigating-cyber-threats-limited-resources-guidance-civil-society
#Cybersecurity #InfoSec #CyberThreats #SmallBiz #CyberAwareness #DataProtection #CISO #CyberSecurityExpert #OnlineSafety #BusinessSecurity