October is National CyberSecurity Awareness Month

In 2004, the Department of Homeland Security and the National CyberSecurity Alliance, a nonprofit educational organization contained within the agency, launched National CyberSecurity Awareness Month with the intention of warning Americans about developing online threats. Today, both private citizens and commercial entities have come to recognize the importance of cybersecurity awareness, as technology becomes further entwined with everyday life and business.

Last February, polling officials from Gallup asked more than 1,000 Americans aged 18 and older to cite the most critical threat the U.S. faces over the next decade. Approximately 78 percent of respondents said cyberterrorism. In February of this year, analysts for the Business Continuity  Institute conducted a similar poll, asking personnel from over 720 organizations worldwide to identify the most serious dangers facing modern businesses, Bloomberg reported. Nearly 90 percent of respondents said they believed cyberattacks were the No. 1 threat.

Private citizens and enterprises are right to worry, as recent events – most notably the latest Equifax hack – have shown. Last year alone, hackers executed more than 42,000 separate attacks, orchestrated over 1,000 breaches and made away with roughly 36 million sensitive files, according to research from Verizon Wireless and the Identity Theft Resource Center. For the average business, mitigating one of these incidents costs around $3.62 million, researchers from IBM and the Ponemon Institute found. While private breach victims can usually avoid extravagant expenses, re-securing stolen personal information takes considerable time and effort.

In short, National CyberSecurity Awareness Month has moved out of the shadows of the information technology department into the mainstream.

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RedVector has also developed 4 courses for business leaders to feel confident and prepared to safe guard against security breaches, hackers and full on attacks. Plus, learn to anticipate and mitigate damage when an incident does occur, develop and understanding of laws and regulations to preserve data, and create workplace behaviors to maintain a secure environment.

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