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million, which is said to have increased by 27% since 2020. Through multi-factor authentication (MFA) and role-based access controls, businesses can limit exposure to potential breaches by restricting access based on job responsibilities. Security awareness and staff training Employees are often the weakest link in cybersecurity.
The Rising Importance of Data Privacy Regulation The implementation of GDPR in the European Union (2018) and CCPA in California (2020) marked an important shift in global data privacy standards. Implementing multi-factor authentication (MFA) for internal data access can add an extra layer of security for data handling.
According to the FBI’s 2020 Internet Crime Report, 2020 alone saw 791,790 complaints of suspected internet crime – an increase of more than 300,000 since 2019. Reported losses in 2020 exceeded $4.2 Use multi-factor authentication (MFA) to alert you immediately to an unrecognized sign-in attempt.
Giving an idea of the scale of the problem, Keepnet Labs’ 2020 phishing report found that 50% of its observed employees opened and read phishing emails, while one in eight answered them. Office hygiene bestpractices : Ensuring that file cabinets are locked and used sensitive paperwork is shredded as soon as it’s no longer needed.
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