The threat of cyberattacks continues to grow for American businesses.
90% of companies say: Cyber security risks Although it increased last year, According to a survey of compliance professionals published Monday (May 13) by The Wall Street Journal (WSJ).
Nearly all midsize companies, defined in the report as those with revenue between $50 million and $1 billion, said they feel cyber threats are increasing.
WSJ That's what I said conducted a four-week survey in February and March of approximately 300 compliance professionals, most of whom were based in the United States. Just over a third work in financial services; meanwhile About 13% work in professional and business services, and about 9% of technology space.
series Cyber attacks attracting attention Recent months have highlighted the threats facing businesses.The report points out that. These include: violation last summer MGM Resorts'Hotel and casino systemsimilarly February attack united health group's change health care Businesses that inhibit parts of American society health care system.
incidents like this – similarly In recent data breaches, Dell — emphasize the cost of cutting corners cyber security wrote PYMNTS last week.
“To reduce the risk of cyber-attacks, companies need to develop robust cybersecurity frameworks that focus not only on modern technological defenses but also on the human factor,” the report states. There is. “Regular training programs, strict security protocols, and a culture of vigilance among employees can strengthen an organization's ability to defend against cyber threats.”
Meanwhile, PYMNTS Intelligence said:Managing fraud in online transactions” 82% of e-commerce Merchant suffered a cyber attack or data breach inside last year.His 47% of those companies suffered losses both While fraud in the past 12 months has led to a decline in revenue and customers, 68% said their customer satisfaction has also declined, which was caused by security breaches.
“It's no wonder that 95% of e-commerce merchants say they have either started modernizing their anti-fraud capabilities or plan to modernize them soon,” PYMNTS writes. “Overall, 41% have already started strengthening their anti-fraud protections. meanwhile A further 54% plan to do so within the year. Only about 5% have plans but don't have a set schedule. ”
