Cybersecurity is now a core component of technology and business. Without focus on cybersecurity, organizations are caught behind, breached and losing both reputation and employees. Cybersecurity affects all industries and effective leaders need to better understand the future and trends of cybersecurity.

Cybersecurity is one of the greatest challenges and threats to the way businesses operate now and how they will operate in the next 10 years. Forbes estimates that by the year 2021 cyber damages will account for over $6 trillion dollars – more than all natural disasters in a year. Currently only 10 % of cybercrimes are reported in the US each year.

Business has seen the convergence of IT (information technology) and OT (operations
technology) environments. Because of that shift, there are new cyber and physical risks. The world has changed and leaders who want to help their organizations must know the fundamentals of what to do and how to implement a cyber strategy.

Every second, 72 records are breached and every 14 seconds businesses fall victim to a breach. But there are strategies that help reduce 80% of the risk of an incident.

This presentation will review:

  1. Current cybersecurity statistics
  2. Current attack trends in the US all industries
  3. History of where we have been and the future projections
  4. Cybersecurity Threats Facing organizations.
    a. Lack of Awareness and Training
    b. Remote Work – WiFi
    c. Cloud and Backups
    d. Passwords
    e. Patching
    f. Lack of Multi-Factor Authentication
    g. IoT Devices