FIT Solutions, LLC’s Post

The Hollywood Portrayal vs. Reality of Cybersecurity In movies, cybercrime and hacking are often depicted humorously, almost like a meme. However, the truth is starkly different. While some cybercriminals are portrayed as young independents, the reality is that cybercrime constitutes a highly profitable criminal industry generating billions annually. Recent estimates suggest cybercrime earned cyber gangs approximately $8 trillion last year, and projections indicate this figure could rise to $10.5 trillion by 2025. This surpasses the combined revenue from global illegal drug trafficking, counterfeiting, and human trafficking. For IT managers and business owners, understanding the threat posed by these criminals is crucial. Investing in cybersecurity can provide 24/7 protection through monitoring, cyber analysts, engineers, and toolsets dedicated to safeguarding your environment. To discuss further, click the link below. Let's start a conversation about securing your organization. https://hubs.la/Q02DCZqj0

The projection that 33 billion electronic records are expected to be stolen in 2023, as reported by Mimecast and based on findings by Juniper Research, is an alarming indication of the escalating cyber threat landscape. This staggering figure represents a disconcerting 175 percent increase compared to the 12 billion records compromised in 2018. This exponential growth in data breaches underscores the urgent need for organisations to prioritise robust cybersecurity measures to protect sensitive information and combat the ever-evolving tactics of cybercriminals. #technology #cybersecurity #itsupport #digitalmarketing #law #realestate #meme #quote

The Odds are Against you! https://vrt.as/4aAScgn 65% of organizations have been hit by a successful ransomware attack in the last two years. 74% of breaches involved social engineering attacks, errors, or misuse. 32% of 2023 cyber incidents included data theft and leaks. 85% of cybersecurity leaders say recent attacks are powered by AI

Cyber "preparedness must include security, it must also involve resilience, meaning the ability to respond and weather a significant cybersecurity incident." Joe Longo ASIC makes it clear cyber failures are at the top of ASIC agenda and they expect it to be at the top of boards agenda too. #cyber #cyberresilience #directorsandofficers #aon #betterdecisions

📈 Cybercrime Losses Have Tripled Since 2020! 😱 Did you know that the losses from internet crimes have skyrocketed from $4.2 billion in 2020 to a staggering $12.5 billion in 2023? 🚨 This massive increase highlights the urgent need for businesses to strengthen their cybersecurity measures. The top areas hit include investment scams, business email compromise, tech support fraud, and confidence/romance schemes. Stay informed and protect your digital frontiers! 🔐 -- ✉️ info@ek3tech.com 🌐 https://www.ek3tech.com #EK3Technologies #CyberStrong #Cybersecurity #InternetSafety #DigitalProtection #StaySafeOnline #CyberAwareness

What is the cost of a cyber attack? Was your company one of the 1,000 with a successful attack in 2024? How will you prevent an attack in the coming months? Do not be part of this group. According to a March 2024 report, the cost of cybercrime is expected to reach $9.5 trillion in 2024 and over $10.5 trillion in 2025. Statista's Market Insights estimates that the global cost of cybercrime will increase to $13.82 trillion by 2028. Doing the same thing you are doing today and expecting a different result is the definition of insanity! We do cyber differently - ask us how. robert.heriford@inn-sols.com

📈 Cybercrime Losses Have Tripled Since 2020! 😱 Did you know that the losses from internet crimes have skyrocketed from $4.2 billion in 2020 to a staggering $12.5 billion in 2023? 🚨 This massive increase highlights the urgent need for businesses to strengthen their cybersecurity measures. The top areas hit include investment scams, business email compromise, tech support fraud, and confidence/romance schemes. Stay informed and protect your digital frontiers! 🔐 -- ✉️ info@ek3tech.com 🌐 https://www.ek3tech.com #EK3Technologies #CyberStrong #Cybersecurity #InternetSafety #DigitalProtection #StaySafeOnline #CyberAwareness

Did you know? 🔹F-35 jets are more susceptible to cyberattacks than missiles. 🔹An alarming statistic from RoundRobin in 2020 reveals that over 75% of targeted cyberattacks are initiated through emails. 🔹In 2020, the FBI recorded an astounding 15,421 internet crime complaints related to tech support fraud, originating from victims across 60 countries. 🔹Cybersecurity Ventures predicts a staggering 15% annual growth in global cybercrime costs over the next five years, projecting it to reach a staggering $10.5 trillion annually by 2025. 🔹The healthcare industry is estimated to invest a substantial $125 billion in cybersecurity from 2020 to 2025, according to Cybersecurity Ventures in 2020. #DRUMUPSKILL #Cybersecurity #cybercrime

So we've done something a little more out there than we're used to. In short, it's a webcast in which we try to explain that information security ("cyber") is not magic; it's a process-oriented game that anyone can play. And best of all, businesses can play by their own rules and not according to rules and conditions that are set by attackers. You can watch here but you might want to skip the first 10 mins... I was more nervous then than I was on my wedding day! :-) Cheers! https://lnkd.in/g4sHfdRD #risk-management #ransom #investment #cyber #dotsec #security-frameworks #standards

And a great webcast it is, too - well worth a watch if you want some clear advice on navigating cyber security for your business!