Cybersecurity
How to Mitigate the Risks of BYOD Policies
Mark Lukehart

Cyberattacks are malicious attempts to gain unauthorized access to a person’s or organization’s computer systems, networks, or data. The intention is to steal, ransom, or destroy private information. Recently, cyberattacks have become more sophisticated and robust, making it easier for attackers to penetrate a vulnerable system and cause significant damage.
This article provides a comprehensive understanding of the current cyberattack landscape. We’ll cover various statistics and news related to cyberattacks, including the most common attack types, targeted industries, and the effects of a successful attack. We’ll also discuss how to protect your organization from cyberattacks and invest strategically in cybersecurity.
Organizations should be aware of various cyberattacks, including malware, ransomware, phishing, and DDOS/IoT attacks. These are some of the most common cyber attacks you’ll need to know to protect yourself.
Malware attacks involve malicious software designed to disable systems, enabling attackers to access sensitive information. These attacks can include viruses, worms, Trojans, and rootkits, and can be very difficult to detect and remove.
Ransomware is malware that encrypts data, rendering it unusable to the victim until they pay a ransom. It is one of the most destructive cyber threats and has become increasingly common in recent years. Hackers have attacked hospitals, schools, and businesses with ransomware, leaving victims with the option to pay a ransom or lose access to their data.
Phishing is a cyberattack in which attackers send malicious emails that appear to be legitimate. They then trick users into providing sensitive information or downloading malware. Phishing emails are often used to access an organization’s systems or assets. From there, attackers can spread malware, steal data, and gain access to other targets using the organization’s private information.
Cybercriminals use Distributed Denial-of-Service (DDoS) attacks to cripple online systems, networks, and applications by flooding them with excessive traffic. As a result, these services are overwhelmed and rendered unusable or inaccessible. The attack uses a network of compromised Internet-connected devices, such as computers or IoT (Internet of Things) devices. This results in disruptions to online services and possibly the loss of customer data.
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Cyberattacks devastate businesses of all sizes and across all sectors. Not only do they put your data at risk, but they can also lead to financial losses, reputational damage, and operational disruption. Below, we’ll further explore the potential costs and repercussions of a cyber attack.
The direct costs of responding to a cyber attack include hiring security experts to assess the damage and resolve the issue, notifying customers of a breach and any potential data exposure, investing in system updates or replacements to prevent similar attacks in the future, and offering customers identity theft protection or other remedies.
Even though a cyber attack can be costly, the costs of launching one are surprisingly low. For instance, there are even CaaS (Cyber-as-a-Service) providers that offer sophisticated phishing kits for less than $6 per day; these packages include multiple layers of complexity and anonymization features designed to evade most detection or prevention systems.
Therefore, it is essential to take all the necessary steps to protect your business from costly cyberattacks before they happen.
Customers are increasingly aware of cybersecurity threats and data protection standards. When a company suffers a breach, the public is less likely to trust it going forward. This can lead to customer losses and decreased revenue.
A cyberattack can expose the personal information of millions of individuals, including names, addresses, Social Security numbers, and more. This data can be used to commit identity theft and fraud, leading to financial losses. In addition, individuals may also have difficulty gaining credit in the future due to their compromised data.
The physical consequences of cybercrime can be severe. In some cases, a breach may disrupt essential services. For example, in 2015, Ukraine suffered a grid hack attack that caused a blackout for 230,000 people.
These disruptions can cause physical damage and lead to costly repairs. In addition, sophisticated cybercriminals may be able to access physical assets, such as air traffic control systems or medical devices. This can pose a significant danger to users and others.
In 82% of cybersecurity breaches, the human element is to blame. A 2023 study of self-identified technology professionals from over 90 countries found that 64% of respondents could notidentify best practices for reducing phishing attacks.
Social engineering plays an integral role in compromising our vital data and systems. And employees can accidentally expose sensitive data or fall victim to phishing scams. Organizations need to ensure their employees are adequately trained in cybersecurity best practices to minimize the risk of data breaches. Below are the most common causes of cybersecurity incidents.
Cybercriminals can access an organization’s systems by sending malicious links to emails or websites. Employees need to be aware of the risks of clicking links and should only do so if they are sure it is safe. Ensure you have a policy for identifying and handling suspicious emails.
Employees should be encouraged to use strong, regularly changed passwords and not share them with anyone. Organizations may also consider using two-factor authentication to further protect their systems.
Phishing scams are common for cybercriminals to access an organization’s systems. Businesses should train employees on the risks of phishing emails and the importance of not providing personal information or clicking on suspicious links.
Ensure employees know the importance of sharing sensitive information over secure VPNs or encrypted messaging apps. In no case should they share sensitive information over unsecured channels such as email or instant messaging apps.
Organizations should take proactive steps to protect against cyber attacks. This includes developing an incident response plan, regular security audits, and multi-phased cybersecurity training. Additionally, organizations should use a multi-layered security approach that combines technology, processes, and people. This will help ensure maximum protection for your organization and mitigate the risks associated with a data breach.
Make sure passwords are strong and unique. Avoid using easy-to-guess words like “password” or “123456.” Also, combine uppercase and lowercase letters, numbers, and special characters. You’ll also want to reset your passwords regularly.
Continually update software and applications. This will help ensure you have the latest security patches to protect against vulnerabilities.
Steer clear of suspicious emails and websites. If something looks fishy, don’t click on any links or provide personal information.
Organizations should consider investing in a cybersecurity professional or technology solution to help prevent and detect cyber attacks. Only 50% of small businesses have cybersecurity measures in place.
However, average security response times are improving. The average response time to a cyberattack went from 29 days in 2021 to 21 days in 2022. Additionally, 73% of organizations that partnered with managed security services and managed detection and response providers saw a reduction in the impact of disruptive cyber incidents.
Many organizations are increasing their cybersecurity focus amid rising threats. 75% of cybersecurity professionals reported an increase in cyberattacks in 2023, and 55% reported increased stress levels as a result. Gartner predicts that by 2026, 70% of boards will include at least one cybersecurity expert to develop more effective defense strategies.
AI is also affecting the way cybersecurity professionals do their jobs. 75% of cybersecurity professionals had to change their strategies in 2024 due to AI-powered cyber threats.
Cybersecurity professionals can help identify potential threats and develop strategies to protect against online attacks. Additionally, various software solutions are available to help organizations detect cyber threats.
Firewalls are a powerful tool for preventing malicious traffic from entering or leaving an organization’s systems. Firewalls can be configured to detect and block known threats and monitor for suspicious activity.
Antivirus software scans your system for potential malware or viruses. Then, it will show you how to take the necessary steps to remove them. Roughly 450,000 viruses are detected worldwide daily, underscoring the importance of this software.
Organizations may consider investing in additional network security solutions such as Intrusion Detection Systems (I.D.S.s). I.D.S.s are designed to detect suspicious activity on an organization’s network and alert the appropriate personnel.
Penetration testing is another valuable resource for organizations. It involves penetrating an organization’s systems to identify potential vulnerabilities. It’s a simulated attack that enables organizations to evaluate their security posture and identify areas for improvement.
Artificial Intelligence Tools
While they’re still new to the market, AI tools have huge potential for the cybersecurity industry. Artificial intelligence technology in the cybersecurity market is expected to reach $60.6 billion by 2028. As of early 2024, 51% of businesses were using AI to support cybersecurity and fraud management.
The most common cyberattacks include phishing/social engineering, ransomware, malware, and DDoS attacks, as well as credential-based attacks that often start with stolen credentials.
There isn’t a single global total because “cyber attack” can mean anything from phishing emails to confirmed breaches. But the FBI’s Internet Crime Complaint Center (IC3) received 880,418 cybercrime complaints in 2024, showing the scale of reported cyber-enabled crime.
There’s no universal measure of “success” across all cyberattacks, but breach data helps explain real impact. Verizon’s 2025 DBIR analyzed 22,000+ security incidents and 12,000+ confirmed breaches, showing that attackers do succeed at meaningful scale even when defenses block many attempts.
The most dangerous cyberattacks are those that target critical infrastructure (energy, healthcare, emergency services, and government systems), because their impact can extend beyond IT disruption into real-world harm. The FBI says ransomware remains the most pervasive threat to critical infrastructure.
Cyber attacks come from all over the world, including individuals, organized criminal groups, and nation-state actors. Microsoft’s Digital Defense Report tracks activity from multiple state-aligned groups and emphasizes continued threats from China, Russia, Iran, and North Korea.
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