Exciting facts about Cyber security | What is cyber security and how it works?

Cybersecurity is a burning industry that thrives by selling and stealing personal data or money from everyone. Everything on the Internet is at risk because you can be blackmailed or have your bank accounts emptied while you sleep hackers are the ones to blame for cybersecurity theft but some companies develop software that helps to keep privacy private.

And if they don't take this problem seriously very bad things can happen whether we're talking about terrorism fraud or privacy nothing is safe anymore this entire industry handles a scary amount of money and it only started a few decades ago when computers and the internet were invented.

1. Companie scan lose up to $2 trillion in a year due to cybercrime

Companies can lose up to two trillion dollars in a year due to cybercrime, one of the scariest things is to wake up one day and have it all taken away from you because you logged on to a weird website or you used your credit card somewhere different.

It's even worse when you're a company and billions of dollars are at stake, studies show that in 2019 cyber fraud would be up by $2 trillion globally higher than it ever has been. 

Cybercrime products are very advanced and these days when people are so fed up with corrupt governance and the lack of resources anything can happen let's be real although it's not the honest way to make money a lot of people have thought about it.

2. Less than 2%of this industry is done by humans

Less than 2% of this industry is done by humans, there used to be a time when cybersecurity was a very demanding job done 100% by humans 24/7 nowadays though things have changed.

And with modern technology, this industry is one of the most advanced in the world over the years autumnization has become such a big thing that only 2% of cybersecurity is done by actual humans robots and other software have replaced humans in a matter of decades. They still need humans to keep the machines and programs running and safe but that's about it.

3. Everything connected to the Internet is at risk

Everything connected to the Internet is at risk, the pictures you post on Facebook or anywhere on the Internet can be used for all sorts of unwanted or evil purposes.

Even worse is that any device connected to the Internet, like your phone, TV, security cameras, or doorbell, is at risk.

Any vulnerability or a breach in the system can be used against you millions of people have been victims of cybersecurity so whatever smart technology you use or fingerprint, PIN codes try to secure everything with trustworthy 2-step authentication strong passwords even insurance all those movies you see on TV are inspired by real-life situations.

4. Tech companies are offering free software to help secure future elections

Tech companies are offering free software to help secure future elections, in light of Cambridge analytic and Trump selection people are now doubting the system and the value of their vote a lot of things happen behind the scenes and cyber fraud is one of them sure.

To prevent third parties from interfering with future elections some tech companies are offering free software to help secure them, although some people are skeptical about companies giving cybersecurity for free. Let's not forget that this is the way they will advertise themselves as the software that helped elect a president, indeed nothing is free.

5. Amazon has a market capitalization of $770 billion

Amazon has a market capitalization of $770 billion, the most important and safe cybersecurity company is not necessarily the richest one. Although billions of dollars are poured into this industry.

It's surprising to see which one invests the most and that company is the giant Amazon. The Company of the richest man in the world Jeff Bezos is also the one that has the biggest market capitalization of this industry over $770 billion. They keep their data really secure and take cybersecurity very seriously.

6. Edward Snowden uncovered one of the biggest global surveillance systems conducted by the NSA

Edward Snowden uncovered one of the biggest global surveillance systems conducted by the NSA, 2013 was a very interesting year for Edward Snowden and the U.S. as most people know by now.

Edward uncovered a series of secret operations that the US government through the NSA were conducting global surveillance it didn't end very well for him as he's still hiding somewhere in Russia where he's in an asylum, but thanks to him we now know just how complex and holistic this system is.

Nothing is private and the most precious thing someone can have these days is privacy and information. Governments and big companies are spying on you and using your data to manipulate your behavior. To protect your online activity VPNs are a simple to use service that hides what you do online from third parties at a click of a button.

7. Yahoo was the victim of the biggest data breach in history

Yahoo was the victim of the biggest data breach in history, the bigger the company the higher the risk for cybercrime and attacks. Small companies are at risk to even individual people that seem to be irrelevant for a hacker by far.

The biggest and most damaging data breach happened five years ago we're talking about the famous Yahoo cyberattacks that exposed the data of over three billion accounts over a year the attacks compromised the real names, email addresses, dates of birth, and telephone numbers that were not well protected.

The entire scandal knocked off over $350 million of Yahoo's sale price to Verizon, in the end, they sold it for $4.48 billion despite its once valued 100 billion.

8. Cybercriminals are targeting rich peoples

Cybercriminals are targeting rich people cybercriminals are getting smarter than ever they don't waste time anymore targeting random people hoping to get something out of them. They now go straight to the rich people knowing they can get millions of dollars out of them.

Social media accounts or emails are used to scam them into transferring money to their accounts one of the most popular social platforms they use is LinkedIn. Pretty smart huh never fully trust the people on the internet especially when they asked you for money.

9. More than 60% of companies don't update their IT systems

More than 60% of companies don't update their IT systems, you know the saying you get what you pay for this, unfortunately, applies to many companies out there.

This number comes from Microsoft the company that pretty much is responsible for 70% of the computer systems in the world, when you're a professional you should be extra cautious with email software and even hardware.

Information is powerful, and keeping everything safe and updated is utterly important since so many companies take it for granted it's no wonder they get blackmailed it's always better to prevent problems rather than to treat them.

10. Cybercrime is costing the world over $6 trillion

Cybercrime is costing the world over $6 trillion, the most affected industries by cyber-attacks are finance, medical, government, and electrical.

If there's any trace of money of blackmail someone will try to get it up until now over $6 trillion have been grasped by this industry this includes money, gold, stocks, ransoms, etc with so much at stake it's no wonder that companies pay so much money to keep their clients satisfied and their money safe over $1 trillion was spent in the last five years on cyber defense solutions alone.  

  • FAQ of Cybersecurity

Q1. What is Cybersecurity?
Cybersecurity is a burning industry that thrives by selling and stealing personal data or money from everyone.

Q2. How is cybersecurity used?

Cybersecurity is the protection of internet-connected systems such as hardware, software and business networks, and digital information.

This cybersecurity is integral for secure government systems, including public-private networks, computers, and the data systems on those networks, which is critical to a country's public safety and economic functions.

The United States has used cybersecurity as a security-versus-trade point as part of the globalization debate.

Q3. What are cybersecurity and its importance?

Cybersecurity is the practice of protecting networks, systems, hardware, and data from unauthorized access. It encompasses the security of all computer network services, the Internet, and information systems. 

Cybersecurity has been a top priority of most organizations for the last 10 years, especially as network connections have become more pervasive and as software has become more connected and sophisticated.

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