Today more than ever people are beginning to realize that cyber security is crucial for your internet life. I’ve read and/or heard of hackers breaching everyone from the average citizen to major retailers to the election for the presidency of the United States of America. In retrospect, I don’t understand why I was shocked when I was hacked.
The devastating fallout of the WannaCry attack of May of this year is further proof of the need to adopt preventive measures. WannaCry plagued approximately 300,00 users with ransomware, specifically it inscribed itself on to computers, laptops, cell phones, and other digital devices. It would later be labeled “The largest such cyber assault of its kind.” It had a far reaching impact on more than 150 countries.
Increasing Global Cyber Threats
I was hacked and had to learn the hard way that cyber security is my responsibility and crucial to my online life. Statistics show that cyber attacks are on the rise yearly. With the cost of cyber crimes quadrupling (between $400 to $500 billion) between the time period of 2013 to 2015.
Cybersecurity Crime Projections:
2018 estimated $101 billion in medical device cyber attacks
2021 estimated $6 trillion in cyber crimes
Level of Cyber Attacks
When I was hacked I learned that I wasn’t the only one and that not only are attacks becoming more frequent, but the power of the hacks have become more powerful and damaging.
“These attacks are becoming progressively destructive and target a broadening array of information and attack vectors.” – PwC’s report
Obama’s Proposed Cybersecurity Budget
The Obama administration pledged a budget of $19 billion dollars to fund cyber security. From Hilary Clinton’s email scandal to Russia hacking our elections, it is imperative we adopt a strict cybersecurity policy to protect us.