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More than 4.2 billion records were stolen last year in 4,149 confirmed breaches. Although media focused on big brands like Yahoo and the DNC, we cannot assume that hackers have missed smaller businesses on their radar. Indusface brings you the biggest numbers and learnings from the cyberthreats last year. Startups and small businesses are at greater risk. Although mishaps in big companies are often reported on a large scale, smaller companies are at much bigger risks. According to the Osterman Research report, close to 71% SMEs have suffered some kind of security breach in the last one year. Since these breaches go unreported, other smaller companies neglect cybersecurity, too. Shockingly, Cisco’s Annual Security Report 2016 says that 22% of businesses with fewer than 500 employees do not have an executive with direct responsibility and accountability for security. Ransom attacks will grow. Money is the biggest motivator behind cyberattacks. Stealing data....
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