Is it truly necessary to have Cyber Security?
Average cyber-crime spending is significantly growing and costs related to such crimes might collapse firms that do not include cyber-security in their usual budgets. According to Gartner’s latest projection, worldwide spending on information security and risk management technology and services would rise by 12.4% to go up to $150.4 billion in 2021 as compared to $133.8 in 2020.
If the world is spending so much money, there must be a justification for it. There is, of course, a reason for this, and it is the rise in cyber attacks. We've gathered some cybersecurity data to offer you a clearer understanding of the current level of overall security. This will hopefully demonstrate the ubiquity and importance of cybersecurity in many business sectors.
Significant Cybersecurity Facts and Figures
In the first half of 2020, 36 billion records were exposed due to data breaches. (RiskBased Security)
Infringements of security climbed by 11% since 2018 and 67% since 2014. (Accenture)
Average data violation costs by 2020 were $3.86 million. (IBM)
A Twitter hack in 2020 targeted 130 accounts, including those of former presidents and Elon Musk, and resulted in the theft of $121,000 in Bitcoin through over 300 transactions. (CNBC)
In 2020, Marriott revealed that data of over 5.2 million hotel clients have been affected by a security breach. (Marriott)
In 2020, the average ransomware payout increased by 33% over 2019. It now stands at $111,605. (Fintech News)
Approximately 60% of organizations have over 500 accounts having unexpired password credentials. (Varonis)
It is predicted that the healthcare business lost $25 billion in 2019 due to ransomware attacks. (SafeAtLast)
In 2021, the US government plans to spend an estimated $18.78 billion on cybersecurity. (Atlas VPN)
The aforementioned figures show that cybersecurity is the need of the hour. The rising number of major breaches not only indicates an increase in the number of security breaches, but also an increase in intensity.
Let us explore how we can enhance ourselves to combat cyber-assault after the frightening statistics mentioned above. In this article, two certification courses will be discussed, which individuals can follow to improve their abilities and skills in the same area.
CEH (Certified Ethical Hacker) Certification
When it comes to Certified Ethical Hacker, it will help you get in-depth know-how of ethical hacking phases, countermeasures, and different attack vectors, and more. It will help you learn more about the process followed by hackers and act accordingly to protect any kind of security compromise.
You will learn how to defend yourself from attacks that can cause system vulnerabilities and weaknesses. The CEH online training will help you keep your organization safe and also strengthen the security to reduce any kind of attack and threats
SOC (Security Operation Center) Analyst Certification
The SOC Analyst Course is the first step toward working in a security operations center (SOC). The curriculum focuses on opening up new employment options by providing broad, thorough information as well as increased level competencies for dynamically contributing to a SOC team.
Unless the candidate takes formal training, the CSA program requires a candidate to have one year of work experience in the network administration or security area and be able to show documentation of the same as confirmed through the application process.
With more and more cyber assaults and data violations, protecting your enterprise and personal devices against escalating dangers is more vital than ever. The data that we have provided demonstrate that cyber security is necessary.