If there’s one thing to learn from last week’s $50M Apple ransomware attack
, it’s that no company is safe from hacking groups determined to tap into your data. If a company as big as Apple can be hit, any company of any size can be a potential target.
The stats don’t lie – cybercrime is on the rise and ransomware is here to stay.
- a business will fall victim to ransomware every 11 seconds in 2021
- ransomware will cost businesses $20B in 2021 alone
- global cybercrime damages will cost $6 trillion
Lost productivity and downtime often cost a company more than the ransom itself – anywhere from $7K to $700K could be lost. Understanding the world of cybersecurity and staying in the loop on the latest terms is the first step in making sure that you and your team are prepared for every threat that comes your way.
SeedSpark’s team collected the most popular cybersecurity terms used today to teach you the lingo, helping you know exactly what to look for the next time a suspicious message makes its way into your inbox.
Stay up-to-date with Cybersecurity Terms (That You Can Actually Understand)!