Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Cyberattacks are on the rise, and that includes small businesses. Here's what to know !

Cyberattacks are on the rise, and that includes small businesses. Here's what to know

Time:2024-05-22 01:59:10 source:Culture Circuit news portal

NEW YORK (AP) — Cyberattacks on businesses are rising, including small businesses. It’s a troubling trend because a breach can be very costly and time consuming if owners don’t have a plan to deal with one.

According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack — which features a type of malicious software designed to block access to a computer system until a sum of money is paid — more than doubled over the past two years to $26,000.

That’s partly because there has been a dramatic increase in ransomware attacks, which represent 24% of all breaches.

Small businesses should first have a plan in place to prevent cyberattacks. The human element is the cause of 74% of breaches, so owners should make sure all of their employees use safeguards such as two-factor identification to make it harder to be hacked. Requiring employees to regularly change their passwords can also help.

Related information
  • Defending champion South Carolina to open season in Las Vegas against Michigan
  • German delegation seeks deeper cooperation with central China's Wuhan
  • Report: Chinese swimmers were allowed to compete at Tokyo Olympics despite positive doping tests
  • Dozens of Palestinians killed, injured in Israeli attack in Gaza City
  • Nina Dobrev hospitalized with a neck brace due to serious e
  • China prepares to launch relay satellite Queqiao
  • Tyler Freeman hits a 2
  • China's amended criminal law strengthens punishment for bribers, graft in private firms
Recommended content
  • Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
  • Senate passes reauthorization of key US surveillance program
  • RMB retains 4th spot as currency for global payments: SWIFT
  • Explainer: What do new productive forces mean?
  • Flight attendant reveals why plane passengers should NEVER fall asleep before take off
  • The 10 WORST lyrics in Taylor Swift's new album