ROYAL OAK – Justin Coffey, the Microsoft Solutions Manager for Red Level, talks about cyberattacks on this episode of M2 TechCast. Coffey said cyberattacks are real and businesses need to protect themselves from the bad guys who want to steal their intellectual property, hold them for ransomeware and other mayhem.
The SBA estimates nearly half of small businesses will be the victim of a cyberattack. This could cost them an average of $21,000, and that’s not counting lost consumer trust.
PwC’s Global Economic Crime Survey in 2016:
36% – More than 1 in 3 organizations report being victimized by economic crime
32% – Cybercrime climbs to 2nd most reported economic crime affecting organizations
Most companies are still not adequately prepared for – or even understand the risks faced: Only 37% of organisations have a cyber incident response plan.
60% of business users in the cloud by 2022
200+ – Median # of days that attackers reside within a victim’s network before detection
63% of confirmed data breaches involve weak, default, or stolen passwords
More than 80% of employees admit to using non-approved SaaS apps in their jobs
Global IT budget stagnant: 0.6% growth expected
How is Microsoft assisting customers to combat this? The Microsoft Enterprise Mobility + Security suite.
To learn more, click on https://soundcloud.com/podcastdetroit/m2-techcast-57-red-level
