The Importance of Cybersecurity in 2017

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Small and medium-sized companies embrace digital transformation in order to cut operating costs, boost employee productivity and gain a better insight into customer behavior. However, they tend to underestimate the importance of cybersecurity… and end up paying ransoms to hackers due to weak defense systems. Why is cybersecurity important and how to protect your enterprise IT infrastructure?

Software

Cybercrime is now a $ 600 billion
opportunity. It’s a well-organized business
affecting both IT corporations and small
companies. In fact, hackers consider small
and medium-sized businesses an easier
target due to weak defense systems.
All rights reserved © R-Style Lab 2017

THESE ARE CYBERCRIME TOP TARGETS
24.8
11.9
9.3
4.2 4.1 3.4 3.2
1.9
0
5
10
15
20
25
30
(%)
All rights reserved © R-Style Lab 2017

SOME SHOCKING CYBERSECURITY STATS…
• Every day, 200 thousand new malware samples
are captured;
• Through 2016, 4 thousand ransomware attacks
took place on a daily basis;
• Over 70% of companies affected by ransomware
paid hackers to regain access to customer
records last year. 20% of those had to pay over $
40 thousand;
• More than 59% of infections came from emails.
78% of employees clicked on embedded links
despite being aware of security risks.
All rights reserved © R-Style Lab 2017

YET, CYBERSECURITY THREATS ARE
IGNORED
52
31 31
0
10
20
30
40
50
60
No changes planned
Making changes to security
plans
Not sure
Business Security Strategy for 2017
(% of companies surveyed)
All rights reserved © R-Style Lab 2017

TOP CAUSES OF ATTACKS & DATA BREACHES
48
41
35
27
5
32
0
10
20
30
40
50
60
Employee
negligence
3rd-party
mistakes
System error Hacker
attacks
Malicious
insider
Unidentified
(%)
All rights reserved © R-Style Lab 2017

COMMON TYPES OF BUSINESS
CYBERATTACKS
49
43
35
26 25
21
11
2
0
10
20
30
40
50
60
(%)
In 2017, ransomware attacks are expected to grow by 250%,
causing over $ 5 billion in damage
All rights reserved © R-Style Lab 2017

A typical cyberattack victim
is denied access to computers within a
business network & file servers.
Each hour of downtime will cost your small
business over $ 8 thousand. Unless you
consult experienced software developers &
treat cybersecurity seriously, tomorrow
cybercrime might affect you.
All rights reserved © R-Style Lab 2017

HERE’S HOW TO SECURE YOUR IT
INFRASTRUCTURE (pt. 1)
• Create a corporate security policy regarding
acceptable use, password generation and
defenses against social engineering (and make
sure your employees adhere to it!);
• Encrypt & backup business data (copy of
backup data should be kept off-premises);
• Conduct employee screening to detect
malicious insiders;
• Standardize security protocols to address the
Bring Your Own Device challenge;
All rights reserved © R-Style Lab 2017

HERE’S HOW TO SECURE YOUR IT
INFRASTRUCTURE (pt. 2)
• Maintain security patches and simplify
firmware updates (cybercriminals always look
for vulnerabilities and come up with new hacking
techniques);
• Design software/hardware products with
security in mind (from choosing a secure
website CMS to implementing reliable IoT
messaging protocols, security should be your top
priority);
• Educate users (only 31% of IoT adopters, for
example, update to the latest version of
firmware; most users continue to use default
passwords). All rights reserved © R-Style Lab 2017

The r-stylelab.com team urges you to
follow cybersecurity best practices,
keep detailed logs and report attacks to
authorities. Together we can make
cyberspace a safer place!
All rights reserved © R-Style Lab 2017

REPRESENTATIVE OFFICE
425 Market Street,
San Francisco, CA, 94105
+1 888 414 6445
ask@r-stylelab.com
DEVELOPMENT FACILITIES
76A Masherova Ave,
220035, Minsk, Belarus
+375 17 306 48 42
+375 29 348 44 44
SOURCES:
https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html
https://www.forbes.com/sites/kateharrison/2016/05/03/the-best-practices-in-cyber-security-
for-small-to-medium-sized-businesses/#653fc4697346
http://r-stylelab.com/company/blog/iot/iot-security-challenges-where-do-we-go-from-here
https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html
https://www.observeit.com/blog/10-best-practices-cyber-security-2016
https://blog.barkly.com/cyber-security-statistics-2017
All rights reserved © R-Style Lab 2017

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The Importance of Cybersecurity in 2017

1. The Importance of Cybersecurity in 2017

2. Cybercrime is now a $ 600 billion opportunity. It’s a well-organized business affecting both IT corporations and small companies. In fact, hackers consider small and medium-sized businesses an easier target due to weak defense systems. All rights reserved © R-Style Lab 2017

4. SOME SHOCKING CYBERSECURITY STATS… • Every day, 200 thousand new malware samples are captured; • Through 2016, 4 thousand ransomware attacks took place on a daily basis; • Over 70% of companies affected by ransomware paid hackers to regain access to customer records last year. 20% of those had to pay over $ 40 thousand; • More than 59% of infections came from emails. 78% of employees clicked on embedded links despite being aware of security risks. All rights reserved © R-Style Lab 2017

5. YET, CYBERSECURITY THREATS ARE IGNORED 52 31 31 0 10 20 30 40 50 60 No changes planned Making changes to security plans Not sure Business Security Strategy for 2017 (% of companies surveyed) All rights reserved © R-Style Lab 2017

6. TOP CAUSES OF ATTACKS & DATA BREACHES 48 41 35 27 5 32 0 10 20 30 40 50 60 Employee negligence 3rd-party mistakes System error Hacker attacks Malicious insider Unidentified (%) All rights reserved © R-Style Lab 2017

7. COMMON TYPES OF BUSINESS CYBERATTACKS 49 43 35 26 25 21 11 2 0 10 20 30 40 50 60 (%) In 2017, ransomware attacks are expected to grow by 250%, causing over $ 5 billion in damage All rights reserved © R-Style Lab 2017

8. A typical cyberattack victim is denied access to computers within a business network & file servers. Each hour of downtime will cost your small business over $ 8 thousand. Unless you consult experienced software developers & treat cybersecurity seriously, tomorrow cybercrime might affect you. All rights reserved © R-Style Lab 2017

9. HERE’S HOW TO SECURE YOUR IT INFRASTRUCTURE (pt. 1) • Create a corporate security policy regarding acceptable use, password generation and defenses against social engineering (and make sure your employees adhere to it!); • Encrypt & backup business data (copy of backup data should be kept off-premises); • Conduct employee screening to detect malicious insiders; • Standardize security protocols to address the Bring Your Own Device challenge; All rights reserved © R-Style Lab 2017

10. HERE’S HOW TO SECURE YOUR IT INFRASTRUCTURE (pt. 2) • Maintain security patches and simplify firmware updates (cybercriminals always look for vulnerabilities and come up with new hacking techniques); • Design software/hardware products with security in mind (from choosing a secure website CMS to implementing reliable IoT messaging protocols, security should be your top priority); • Educate users (only 31% of IoT adopters, for example, update to the latest version of firmware; most users continue to use default passwords). All rights reserved © R-Style Lab 2017

11. The r-stylelab.com team urges you to follow cybersecurity best practices, keep detailed logs and report attacks to authorities. Together we can make cyberspace a safer place! All rights reserved © R-Style Lab 2017

12. REPRESENTATIVE OFFICE 425 Market Street, San Francisco, CA, 94105 +1 888 414 6445 ask@r-stylelab.com DEVELOPMENT FACILITIES 76A Masherova Ave, 220035, Minsk, Belarus +375 17 306 48 42 +375 29 348 44 44 SOURCES: https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html https://www.forbes.com/sites/kateharrison/2016/05/03/the-best-practices-in-cyber-security- for-small-to-medium-sized-businesses/#653fc4697346 http://r-stylelab.com/company/blog/iot/iot-security-challenges-where-do-we-go-from-here https://smallbiztrends.com/2017/01/cyber-security-statistics-small-business.html https://www.observeit.com/blog/10-best-practices-cyber-security-2016 https://blog.barkly.com/cyber-security-statistics-2017 All rights reserved © R-Style Lab 2017

The Importance of Cybersecurity in 2017

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