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Most Businesses That Think They Are Secure Get Hacked

Most Businesses That Think They Are Secure Get Hacked

In a recent study from several cyber security professionals, most businesses that think they are secure get hacked by cyber criminals.

Approximately 75 percent of businesses have been attacked with cyber-attacks however they claim to be secure. Even though half of the organizations have experienced a cyber-attack in the past, three quarters of them feel that they are secure from cyber-attacks. A new study conducted by Juniper Research has examined the practices of cyber-security firms around the world.

Most Businesses That Think They Are Secure Get Hacked - Outsourced IT Support Toronto

Most organizations resulting in 86 percent believe that they are doing enough to mitigate cyber-attacks, which, according to 33 percent of respondents, is solely the responsibility of their managed IT services providers and IT departments when it comes to protecting their networks.

In addition, the report suggests that the real problem is not the managed IT services providers and IT departments, but rather a lack of overall organization, cyber security training and dark web monitoring planning and execution on the part of the organization.

There are more than three quarters of organizations that have a board of directors that participate in cyber-security preparedness assessments. In most companies, there is only one security executive per quarter. There are fewer than half of organizations with secure practices guidelines, but almost nine out of ten of them have continuity plans resulting in 87 percent.

In North American businesses, managed security services and cyber security is not lacking, but it is inconsistently applied, and it is not reinforced, which is one of the biggest problems faced by managed IT services providers and IT departments.

Most Businesses That Think They Are Secure Get Hacked - Managed IT Support Toronto

Most people resulting in 90 percent believe that they are safe from digital threats, but a small number of 56 percent believe that they need a plan in case their data is compromised. This is something addressed by IT Support Services.

Every business owner, regardless of the size of their business, is concerned about cyber security, since an attack can cost millions of dollars in lost data, reputation, time, and customer loyalty.

Our study shows that businesses believe they are far more secure than they are, based on their perception of the situation. The fact is that it is impossible for a business to be 100 percent safe nowadays, but there are several steps that can be taken to ensure that a business is as safe as possible and that it can recover as quickly as possible if a cyberattack occurs.

Most Businesses That Think They Are Secure Get Hacked - Managed IT Services Toronto

People are concerned about the information they hold that could be hacked the most

There is a growing concern among businesses over their credit cards and bank statements being compromised, with 78 percent citing this as their top concern. This means that people are most concerned about their credit cards and bank statements being compromised. There is even a higher number of people concerned about their credit cards and bank accounts being hacked, where 85 percent of the residents fear this will happen to them.

Most Businesses That Think They Are Secure Get Hacked - Managed IT Support Toronto

Most businesses that think they are secure get hacked, so what is the risk of being hacked?

As a result of the cyber security study including tech support services, which surveyed more than 2,400 people and it was found that consumers are also very concerned about their financial investment information falling into the hands of hackers and cybercriminals, according to the study. People are worried about this issue to the tune of 56 percent.

There are 46 percent of respondents in the US who are worried that this information will be hacked. Europe is the country with the highest concern about cyber security of this information, with 48 percent of Europeans reporting that they are concerned about the security of this information.

An international survey found that 44 percent of US consumers, 41 percent of UK consumers, and 43 percent of German consumers are concerned about the possibility of their family information falling into the hands of hackers and cybercriminals.

Among the hacks consumers are least concerned about are those that pertain to their criminal histories, web browsing histories, and dating profiles. There is a good chance that most people will not find this information embarrassing since there is a significant percentage of people who do not find it embarrassing.

Additionally, the study found that even when consumers’ personal information has been compromised, they might not always be notified directly if the data has been compromised. In each country, approximately half of the respondents who were victims of a hack said that they learned about the hack from the news that they had been hacked. Due to social media, young adults are more likely to hear about hacks like these as they use it as a source of information.

Most Businesses That Think They Are Secure Get Hacked - IT Outsourcing Toronto

Do most businesses that think they are secure get hacked and results in security breaches?

The survey found that consumers do not take adequate measures to protect their personal information, despite the increasing media spotlight on high profile hacks resulting from breaches of personal information. There is a quarter of people who change their passwords at least once a month. It has been reported that one quarter of people and 33 percent of consumers change their passwords once a year, less or never at all.

There is no doubt that the vulnerability of consumers to attacks is increasing, which is a striking trend. There is a study which suggests that more than half of people do the majority or all their banking online. Another 33 percent do most or all their shopping online as well.

Enhancing your cyber security by taking the following steps:

There is a great deal of enthusiasm among consumers to improve their online habits, which is a good thing. People who have had their personal information hacked in the past and those who shop online regularly are more likely to change their passwords than those who do not change their passwords often.

A further result of the survey was that respondents reported that completing security tasks would make them feel safer. Approximately 52 percent are more willing to spend at least 10 minutes on cyber security measures.

Especially when using Cloud Services, most respondents indicated that they would be comfortable using fingerprint ID as one of the top two security measures they would feel comfortable using. You will then be required to enter a four-digit password, an alphanumeric password, as well as a voice ID. A study carried out by the IT outsourcing services found that graphic passwords, GPS locators, and remote data erasure were much less comfortable for users.

365 iT SOLUTIONS  is an award-winning managed IT services Toronto provider and CyberSecure Canada certified.

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