Why security is key for 2017

Technology is advancing fast, and for more and more of us data usage has become a big part of our daily lives. This has opened up a huge range of possibilities for current and future tech, but also puts users more at risk than ever before.

With so much data being used, threats to web security are becoming ever more commonplace. Hacking, viruses and malware are the biggest threats to personal devices and businesses alike, and 2017 will require an even bigger awareness for data security.

That’s why Syntax IT Support London is here to make you aware of just how important security will be in the coming months. Read on to get in the know and keep your devices safe.

The hard truth

Thanks to cheekymunkey.co.uk, it’s possible to see exactly how far the reach of cybercrime is spreading for individuals and small businesses alike – with some pretty scary figures.

The cost of cybercrime to the global economy is over £500,000 for just a ten minute period, jumping up over £1000 every second – yes, every second. Similarly, the current number of web attacks against web users and sites globally is over 3,000 in the same time span, with roughly ten new attacks taking place every second.

There are over 5,000 new Malware variants being created globally at the time of writing this piece, with new ones added at a terrifying rate. This puts into perspective just how quick web security companies have to be to tackle new threats, as hackers seem to always be one step ahead.

Over 150 websites are attacked globally every ten minutes, with over 6,000 identities being illegally exposed due to fraudulent web activity – in the same ten minute time frame.

In the same ten minute period, cybercrime costs the UK almost £80,000. These numbers can be difficult to digest, but the general impression they give is that cybercrime is a very real, fast spreading threat that affects thousands of users in a very short length of time. So never simply assume it won’t happen to you and your business.

The danger of the IoT

By now you’ve probably heard about the Internet of Things: the next leap forward in cloud-based data that promises to revolutionize the way we work and live by allowing us to share data with everyday objects. It’s already becoming commonplace with our gas and electricity.

However, this new wave of tech brings with it a bucket load of potential threat. In fact, both Germany’s Duetsche Telekom and British domain name service provider Dyn have already fallen victims to mass attacks thanks to the IoT.

It’s likely that 2017 will see a lot more of these threats, as IoT botnets are adapted to deliver spam and circulate phishing attacks – even stealing from online accounts.

The growth of ransomware

2016 saw some of the biggest ransomware attacks on record – showing hackers’ ability to encrypt vital data and files and only re-release them once a demanded payment has been fulfilled by the user.

2017 will see ransomware reach new heights. Until now it’s mainly been big names who have suffered, but there’s no reason the threat won’t reach small financial firms, retailers, and manufacturing companies. The promise of money will lead hackers to attack anyone they see as vulnerable.

The rise of these cyber threats is sure to bring about an increase in cyber insurance providers, offering new and improved security techniques. Be sure to do your research into the various IT Support systems available and make sure your business isn’t the next to be hit by the ever-growing menace of cybercrime.