Cyber Security Assessment and Vulnerability Testing

The Reality is that you don't know what
you don't know . . .

The Network Security Threat Landscape is Expanding Rapidly for small and medium sized businesses

According to Forbes “There were 3,932 publicly reported breach events at the time of this report; a 48% decline compared to 2019. As the year matures, and 2020 breaches continue to be disclosed into 2021, it is typical for the number of reported breaches to grow by 5% to 10%. In ‘normal’ times that would place 2020 on par with 2015 and 2016 breach years.

  • Despite 1,923 breaches (49%) without a confirmed number of records exposed, the total number of records compromised in 2020 exceeded 37 billion, a 141% increase compared to 2019 and by far the most records exposed in a single year since we have been reporting on data breach activity.
  • There were 676 breaches that included ransomware as an element of the attack, a 100% increase compared to 2019.
  • Breach severity, as measured by severity score, steadily increased throughout the year, reaching an average of 5.71 in Q4 compared to 4.75 in Q1. Severity score is a base 10 logarithmic scale, meaning that the severity of breach events increased by a factor of 10 over the course of the year.
  • Five breaches each exposed one billion or more records and another 18 breaches exposed between 100 million and 1 billion records.
  • Cyber attacks on all businesses, but particularly small to medium sized businesses, are becoming more frequent, targeted, and complex. According to Accenture’s Cost of Cybercrime Study, 43% of cyber attacks are aimed at small businesses, but only 14% are prepared to defend themselves. 

    Not only does a cyber attack disrupt normal operations, but it may cause damage to important IT assets and infrastructure that can be impossible to recover from without the budget or resources to do so. 

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Small businesses struggling to defend themselves because of this. According to Ponemon Institute’s State of Cybersecurity Report, small to medium sized business around the globe report recent experiences with cyber attacks:

  • Insufficient security measures: 45% say that their processes are ineffective at mitigating attacks. 
  • Frequency of attacks: 66% have experienced a cyber attack in the past 12 months.
  • Background of attacks: 69% say that cyber attacks are becoming more targeted. 

The most common types of attacks on small businesses include:

  • Phishing/Social Engineering: 57%
  • Compromised/Stolen Devices: 33%
  • Credential Theft: 30%

Healthcare was the most victimized sector this year, accounting for 12.3% of reported breaches.”

FACT: Most data breaches start from within. Your own employees and contractors can unwittingly leave a backdoor open to cybercriminals. 33% of data breaches are attributable to an internal employee or contractor.

The Cyber Security Assessment gives your Organization a baseline from which to improve its information security management.

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