Cybersecurity Awareness Month

Stay Secure, Stay Aware

October is Cybersecurity Awareness Month, a time dedicated to raising awareness about the critical importance of cybersecurity in our increasingly digital world. As we become more reliant on technology for both personal and professional activities, understanding the potential risks and how to mitigate them is essential. Cyber threats are constantly evolving, targeting individuals and organizations alike, and it is vital to equip yourself with the knowledge and resources to stay a step ahead. At Depth security, we believe that fostering a culture of awareness and preparedness is the foundation of a secure digital environment.

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The Rising Tide of Cybercrime

Organizations across the globe are facing a relentless surge in attacks, which not only jeopardizes sensitive data but also incurs significant financial losses. Below, we present key statistics that illustrate the growing challenges and costs associated with cybercrime, underscoring the importance of robust security measures and awareness in today’s environment.

The Reality of a Data Breach

The total cost of cybercrime is forecasted to hit $10.5 trillion by 2025
The average data breach cost in 2024 is $4.88 million, the highest average on record
88% of security breaches are caused by human error
The average time to identify a breach is a staggering 194 days
The average lifecycle of a breach from identification to containment is 292 days
89.7% of organizations in the United States experienced at least one cyber attack in the last 12 months

The Price of Ransomware

Ransomware breaches have seen a 13% increase in the last five years
The median ransom payment has increased by 13% to $10,700, with the highest payment reported at $535,000
The average recovery cost increased to $2.73 million, a 50% increase since 2023
Ransomware victims saved an average of $470,000 and 33 days when law enforcement was involved after a breach

The Commonality of Phishing

Phishing and business email compromise results in over 500 million dollars in losses per year
96% of phishing attacks are delivered via email
90% of data breaches are the result of phishing attacks
19% of data breaches are the result of business email compromise
Multi-factor authentication prevents 99.9% of phishing attacks

The Spike in Malware

In the first half of 2024, malware-based threats spiked by 30% compared to the same period the previous year, with a 92% spike in May
71% of malware attacks have a specific target
17% of malware attacks target individuals
40% of malware attacks result in data leakage

How Depth Security Can Help

We provide tailored solutions to protect your digital assets and enhance your cybersecurity posture. Our comprehensive services include assessments that identify vulnerabilities and response planning to ensure you are prepared to address breaches swiftly. We utilize expert offensive services to simulate real-world attacks, uncovering and exploiting vulnerabilities within your infrastructure and applications.

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Cybersecurity is a shared responsibility

With services like Network Penetration Testing to pinpoint your vulnerabilities, Application Penetration Testing to secure access and applications, and Adversary Emulation for established organizations looking to enhance their security posture, we empower you to build better defenses.

Let's Work Together to Create a Safer Digital World