The term cybersecurity evokes a futuristic society filled with neon, cool clothes, and lasers. However, cybersecurity encapsulates a growing problem for most modern businesses. A study last year by the FTC found cyber fraud alone cost $13.44 million in 2020. Companies should be aware of these important cybersecurity threats to avoid losing a lot of money.

  1. Employees

The easiest way for someone to gain access to your systems is by tricking your employees. Phishing emails, scam emails that ask employees for passwords or other sensitive information, evolve in complexity every year. These emails can look like legitimate requests. A 2020 Study by Cybnit found that human error causes 95% of cybersecurity threats.

Even less elaborate schemes present a severe security threat. In 2016, a study conducted by Google, the University of Illinois Urbana-Champaign, and the University of Michigan found that 48 percent of people plug into their computers USB drives they found in the parking lot.


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SOURCE In Time Tec

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