Cyber Crime On the rise: Assessments are the first line of defense.

We at The North Group have been very focused on the impacts facing corporations due to the cyber security risks. TNG understands that the corporate market has unique needs due to current suceptabilities, we recognize that the information security market is forecast to reach $170.4 billion by 2022. We are advising our clients based on real data and current data, which is reporting that 62% of businesses experienced phishing and social engineering attacks in 2018 (per Cybint Solutions). 

Managing cyber risks within your business and current operating landscape can troubling and even more, frustrating. Due to the current threats and risks we are offering free enterprise and private client risk assessments. We understand that each clients risk variables may differ, every client has a unique “risk DNA”, we evaluate risks based on your business structure, operational footprint, vulnerabilities, current counter measures and evaluated impacts. These assessments are based on our proprietary risk assessment method. We use various intelligence and risk management schools of thought to help clients understand stakeholder liability and enterprise risk.

9 Impactful Cybersecurity Facts and Stats

There are many important facets to cybersecurity, which are covered in greater detail below. Here we wanted to include statistics that give a good idea of the cybersecurity field as a whole, along with the overall impact of cyber attacks. 

1. The worldwide information security market is forecast to reach $170.4 billion in 2022. (Gartner)
2. Only 5% of companies’ folders are properly protected, on average. (Varonis)
3. Data breaches exposed 4.1 billion records in the first half of 2019. (RiskBased)
4. 71% of breaches were financially motivated and 25% were motivated by espionage. (Verizon)
5. 52% of breaches featured hacking, 28% involved malware and 32–33% included phishing or social engineering, respectively. (Verizon)
6. Between January 1, 2005 and April 18, 2018 there have been 8,854 recorded breaches. (ID Theft Resource Center)
7.  While overall ransomware infections were down 52%, enterprise infections were up by 12% in 2018. (Symantec)
8. The top malicious email attachment types are .doc and .dot which make up 37%, the next highest is .exe at 19.5%. (Symantec)
9. By 2020, the estimated number of passwords used by humans and machines worldwide will grow to 300 billion. (Cybersecurity Media)

We stand ready to deploy cyber experts for crisis management purposes at a moments notice. Our management team has a passion to solve the most complex problems. Contact us today for a risk assessment at [email protected] or (844) 750-9222. www.tngdefense.com