The Key Findings from the Verizon Cybersecurity Report 2021: An Overview
The Verizon Cybersecurity Report 2021 is an annual publication that provides insights and trends on cybersecurity threats and incidents across various industries globally. It is one of the most comprehensive reports on cybersecurity available, drawing on data from hundreds of sources, including Verizon’s own cyber threat intelligence team.
The Threats Facing Businesses Today
One of the most concerning trends outlined in the report is the rise in ransomware attacks. Ransomware is a type of malware that is designed to block access to a computer or system until a ransom is paid. In the last year, there has been a 435% increase in the use of ransomware, and businesses are being particularly targeted. This is because attackers know that businesses have valuable data and are often willing to pay the ransom to get it back. Another worrying trend noted in the report is the increase in phishing attacks, which rose by 11% in 2020.
The Importance of Mindful Employee Behaviour
One of the key elements highlighted in the report is the role of employee behaviour in mitigating cyber threats. Human error is often the cause of data breaches and cyber attacks. Businesses need to educate their employees on the risks and encourage mindful behaviour regarding cybersecurity. A crucial step in this regard is regular training on important issues such as password management, phishing attacks and the need to report any suspicious activity.
The Importance of Strong Passwords
One of the most common ways that attackers gain access to systems is through weak passwords. There has been a steady increase in the number of data breaches caused by weak passwords. This demonstrates the importance of creating strong passwords, using two-factor authentication whenever possible, and regularly changing passwords. Businesses should also provide their employees with guidelines on creating strong passwords and should encourage them to change their passwords regularly.
The Bottom Line
The Verizon Cybersecurity Report 2021 offers valuable insights that should be incorporated into business strategies. The rise of ransomware and phishing attacks and the importance of employee behaviour, strong passwords and regular training should be taken into account when developing cybersecurity protocols. By staying abreast of the latest trends and investing in the latest security technologies, businesses can better protect themselves and their employees from cyber threats.
