Cyber Security – The Fast Facts

In a world of increasing complexities and complications, I wanted to keep this blog short, sweet and simple.

The evolution and advancement in technology over the last decade has been revolutionary and has been the catalyst for more innovation today and into the future. However, the rise of the cybercrime has grown almost simultaneously as more people connect to the internet and an increasing number of hackers seeking opportunities to make a monetary return in the dark, lucrative market they operate in.

So, what does the cyber landscape look like today? Here’s some fast facts;

• Ransomware attacks increased 36% in 2017
• 4,000+ ransomware attacks occur every day
• $1,077 – the average amount demanded after a ransomware attack
• 43% of cyber-attacks are aimed at small businesses.
• A data breach will cost the average company about $3.8 million
• 230,000 new malware samples are produced every day
• 1 in 131 emails contains a malware
• By 2019, cybercrime will cost businesses over $2 trillion - a 4-fold increase from 2015

With these facts in mind, it’s evident that cyber-attacks are growing in prominence on a daily basis – from influencing major elections to crippling businesses overnight, the role cyber warfare plays in our daily lives should not be underestimated. In fact, multi-billionaire investor Warren Buffett claims that cyber threats are the biggest threat to mankind, even more so than nuclear weapons threats.

So how can we help?

Renaissance is Ireland’s Premier IT security distributor and leading independent business continuity consultancy provider. We work closely with our vendors to bring the most innovative and complete range of security solutions to the Irish market, and thus your customers.

We work with our partners to deliver security solutions and services to make your customers IT environments secure, compliant and future proof, by tailoring these to suit their individual requirements.

By doing just this, we help tackle the ever-growing threat from cyber criminals whilst protecting your employees, clients and customers.

For more information, visit our website or contact us