According to Branham Group, 65% of businesses feel they are at significant risk from cybersecurity attacks and have no formal means to record, manage and mitigate them. The reasons are clear, the cost of specialized software and the time to implement are beyond what they can manage.
Mimecast in their state of email security, shows some staggering statistics as well.
- 79% of organizations were hurt by their lack of cyber preparedness
- 61% of companies suffered a ransomware attack last year, experiencing on average 6 days of downtime as a result
- 64% increase in email threats in 2020
They go on to declare that “In 2020, the global pandemic caused a global shift to remote and hybrid work, forcing organizations to pivot the way they operate practically overnight — with little to no preparation. And where most organizations saw crisis, cybercriminals saw opportunity. “