Cybercrime is on the rise and shows no sign of stopping. If the cybercrime industry were a country, it would be the world's third-largest economy.

However, cybercrime was not always so profitable. So what took cyberattacks from rarities to a common, costly threat? Technology has recently changed in ways that are beneficial to cybercriminals.

Spam and phishing emails are more than a nuisance. They can be genuinely costly.

It’s estimated that nearly 85% of all emails are spam and cost businesses roughly $5 billion annually.

Phishing, on the other hand, is one of the primary tools of the ever-growing cybercrime industry.

Every day, hundreds, if not thousands, of new cybersecurity threats are uncovered. Cybersecurity Ventures projects global cybercrime costs to reach $10.5 trillion annually by 2025. With profits like that, cybercriminals aren’t backing down any time soon.

As the cost of cyberattacks increases, cybersecurity is becoming increasingly important. While IT security tools and programs give you an advantage, they cannot replace human awareness and intelligence.

It has become essential to have employees with good cybersecurity practices.

We hear about more cyberattacks every day. What was once a rare novelty is now a daily concern. It’s been estimated that if cybercrime revenue were measured as a country, it would be the world’s third-largest economy.

Cybercrime is on the rise. Cybercriminals are using the rapidly improving and growing internet to their advantage.

So how do we protect our data from hackers? Is there an accessible tool for both individuals and organizations to keep information secure?

Yes! And it’s called two-factor or multi-factor authentication (2FA or MFA for short).

For over 25 years, WEBIT Services has helped its clients reach their IT goals and secure their systems through various cybersecurity tools and practices.

Both NIST and CIS frameworks grade cybersecurity risks as critical, high, medium, and low. Read this to learn how these levels are determined and define an acceptable risk level for your business.

Managed IT Services can be divided into three different services: managed IT, cyber security, and compliance. Click here to learn about each service.