The Importance of Cybersecurity for your Business

Kiran Bhagotra
CEO/Founder, ProtectBox

September 23rd, 2020

If you want to understand how the importance of cybersecurity has increased over the past decade, you only have to look at the numbers.

Cyberattacks are up 11% since 2018 and 67% since 2014, as cybercriminals exploit vulnerabilities in increasingly digitised workspaces. This increase in attacks creates a huge cost for businesses – as of 2019, the average cost of a data breach was $3.92 million.