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The 2018 State of Cybersecurity in Small and Medium Size Businesses study, conducted by the Ponemon Institute, sponsored by Keeper Security, revealed that small businesses increasingly face the same cybersecurity risks as larger companies, but only 28 percent rate their ability to mitigate threats, vulnerabilities and attacks as “highly effective.”
Security breaches have become common place. Daily, we hear cybersecurity breach reports in the media. However, when healthcare institutions are impacted, consumers see this as “more detrimental” than other industry breaches.
The White House eliminated the position of cybersecurity coordinator on the National Security Council this week. The post was central to developing policy to defend against increasingly sophisticated cyberattacks and the use of offensive cyber weapons.
With ransomware and distributed denial of service (DDoS) attacks on the rise, the average number of focused cyberattacks per organization has more than doubled this year compared to the previous 12 months.
Hackers are outpacing and adapting their techniques at a faster pace than defenders, and nearly half of all cyberattacks are resulting in financial damages over $500,000, including lost revenue, customers, opportunities and out-of-pocket costs.
A key factor in establishing trust is the presence of a Security Operations Center (SOC). The SOC is charged with monitoring and protecting many assets, such as intellectual property, personnel data, business systems and brand integrity.
Cyber attacks are the now the biggest threat to business in the eyes of investors, mirroring growing global concern from business leaders, according to a new study by PwC.