Why are Managed Cybersecurity Services
More Crucial Than Ever Today?
The following trends highlight why businesses must adopt managed security services like those offered by Techmedics:
According to the FBI, Cybercrime is expected to cost businesses and individuals worldwide more than $23 trillion in 2027 — a significant increase from $8.4 trillion in 2022.
Typical ransomware attacks normally involve cybercriminals encrypting a victim’s data and making it inaccessible unless a ransom is paid. However, newer techniques now include data extortion and denial-of-service attacks against the victim’s network or website.
A report by software company SlashNext found that phishing attacks have skyrocketed by 4,151% since the release of generative AI tool ChatGPT in late 2022. This implies that attackers are leveraging the technology to enhance their phishing campaigns.
A research study by global intelligence firm IDC found that 79% of companies surveyed suffered at least one cloud data breach in the past 18 months. To make things worse, 43% reported experiencing 10 or more.
