The World is Cyber Scary: Statistics about Cyber Security and Disaster Recovery

cyber security

There are more than 3 billion people in the world who are connected to the internet. Do you believe that 100% of those 3 billion are honest and trustworthy? If even 1% of them are hackers or worse, that’s 30 million cyber “baddies.” With that many ill-intentioned people connected to the internet, there are some scary statistics regarding cybersecurity.

In addition to the villains of the internet, business owners also worry about other issues like power outages, system failures, natural disasters, and other external factors which can wreak havoc on their IT systems. Let’s learn about what’s going on in the world today:

Backup and Disaster Recovery

Data backup is an essential component of all businesses. Should any form of disaster strike, a business needs a backup and recovery plan in place to ensure their business survives. Here are some facts and figures surrounding data and disaster.

  • Nearly a quarter of all data loss incidents are simply due to human error
  • A hard drive recovery can cost up to $7,500. It is estimated that 140,000 hard drives crash each week in the US. That’s over $1 billion in recovery costs for hardware alone
  • Combine costs with loss of profits, and almost half of all businesses can lose up to $10,000 for every hour of downtime
  • 60% of businesses will not be able to recover within 6 months of a data disaster
  • In less than two years, there will be 50x more data than exists today, which will need to be defended

Cyber Security

Businesses who are tech savvy are using the cloud, various apps, and keeping documents digitally rather than on paper. Any element that is connected to the internet is in danger of a cyber attack. Here are some of the more harrowing statistics regarding cybersecurity.

  • Cyber Security professionals at individual organizations believe their likelihood of future attacks is very or extremely likely
  • From January to April 2018, over 260 million online records were compromised
  • In 2015, nearly half of all businesses reported putting sensitive documents on the cloud, but today it has soared to 85% of businesses
  • Cybercriminals were able to successfully target 64% of medical files in 2016
  • The annual cost of cybercrime damage worldwide is projected to reach $6 trillion by 2021
  • A 2015 study concluded that over 3 million mobile apps could be classified as malware
  • Ransomware affected more than half of all businesses in 2017
  • The average payment for ransom incidents per ransom was $3,675

That was the bad and the ugly…so where’s the good?

By now, you might be in a panic. You may see shadows everywhere. Every website might cause you to cringe. You might be considering asking the FBI to vet every single person your business interacts with. Calm down and take a deep breath. There is a silver lining to all of this! Managed IT Services.

Now for some good statistics:

  • 96% of companies that have a backup and recovery plan will survive a data disaster
  • Managed IT Services have upped ransomware detection to 90%, helping prevent disaster before it takes a toll

What does Managed IT Services cover?

  • Infrastructure Management
  • Backup and Disaster Recovery
  • Cyber Security
  • Cloud Hosting
  • Desktop and Helpdesk Support
  • Partner in Technology

Now, what does that all mean? Visit our Managed IT Services page to learn about each service.

You’ve heard the term “partners in crime,” but we embody the opposite: we will be your partners in protection. By joining forces with Copeland Technology Solutions, you will fortify your current systems, protect your digital assets, and rest easy knowing that great professionals have your back.

Contact us today to learn how we can craft custom plans to suit your business needs.

Posted on October 1, 2018. Categorized as .

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