The cost of cyber crime exceeded $1.45 billion in 2016 with almost 300,000 reported crimes, according to the FBI Internet Crime Complaint Center (IC3).* To compare, the dollar amount was reported at just over $1 billion the year before. The growth could indicate more people are reporting cyber attacks now, but it’s more likely showing the increase in cyber crime overall. And these are just the numbers known by the FBI for American cases, which means we are probably facing a larger scale crisis when it comes to the world’s population.
Cyber attacks and security breaches are in our news often, and touch everyone’s life. The recent Equifax data breach goes to show we need to be aware of the tactics of those who try to trick us, and learn how to protect our online identities and sensitive information.
In October, we will cover some of the cyber security issues, as well as the protection methods you can take to protect both your business and personal information.
Let’s first define “Cyber Security.” According to http://whatis.techtarget.com:
“Cybersecurity is the body of technologies, processes and practices designed to protect networks, computers, programs and data from attack, damage or unauthorized access. In a computing context, security includes both cybersecurity and physical security.”
As defined above, cyber security doesn’t just protect your computer, emails and network; it also protects information that pertains to your physical security and your identity. We will cover many points and go more in depth on this topic throughout the month.