Here’s a number that should make every business owner pause. Cybercrime is expected to cost the world $10.5 trillion in 2025, representing a 15% year-over-year growth. To put that in perspective, if cybercrime were a country, it would have the third-largest economy in the world, right behind the United States and China. And here’s what … Read more
You know what keeps me up at night? It’s not just the fact that cybercrime is expected to cost the world $10.5 trillion in 2025, it’s how AI is making every cybercriminal more dangerous than ever before. Here’s the thing, small business owners think they’re too small to be targets, but AI has changed the … Read more
Why Layered Security and Cybersecurity Best Practices Are Critical in 2024 Cybersecurity threats are becoming more sophisticated and frequent, putting businesses of all sizes at risk. In 2023 alone, the average cost of a data breach reached $4.45 million globally, up 15% from 2020, according to the IBM Cost of a Data Breach Report (IBM, … Read more
How Phishing Attacks Have Evolved in 2024 Phishing attacks have been a persistent threat for years, but in 2024, they became more sophisticated and complex to detect. Cybercriminals are leveraging advanced tactics, such as AI-generated phishing emails and multi-step social engineering schemes, to trick employees and compromise business data. This evolution has led to a … Read more
Why Small Businesses Are Easy Targets for Hackers Cybercriminals are increasingly targeting small and mid-sized businesses (SMBs) with ransomware attacks, and the trend is growing alarmingly. A 2024 report by IBM revealed that the average cost of a ransomware attack is $4.88 million (a 10% increase from last year), including ransom payments, lost revenue, and … Read more
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