Friday, July 31st, 2020
The majority of consumers doing online shopping say they wouldn’t continue to buy from a retailer if his/her account gets compromised or would delete his/her account. Cyberattacks are currently on the rise all around the globe. To reveal more details concerning the issue and know who can help you with secure and cheap payment processing, go on reading this post.
Online Sopping Growing: Cyberattacks on the Rise
A cyberattack happens when cybercriminals attempt to cause reputational damage or harm to people or businesses or attempt to illegally access accounts to obtain valuable data. This may include data such as Social Security numbers, passwords, and financial account numbers. Their purpose is to sell or trade the breached information on the so-called dark web or use it to commit crimes like identity theft.
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Cyberattack Stats in the UK: 1st Half of 2020
The 1st half of 2020 showed that 74% of companies that participated in a survey had witnessed a slight increase in cyberattacks, as the cybersecurity company Smarter SIEM™ reported.
Overall, 1/3 of the survey participants experienced a successful cyberattack during COVID-19, ending up with network downtime for 40% of companies in the UK and 38% of companies in the US.
So, cybersecurity issues never stop to be a hot-button topic all around the globe. Now, when COVID-19 has caused an increase in the number of cyberattacks against people and businesses, the concerns are getting even larger.