Predicted ransomware damage to reach $256B by 2031; proactive measures can mitigate potential losses.

Phishing led to financial damages amounting to $10.3 billion in 2022. It's expected to grow further.

2023 witnessed an alarming breach of 33 billion accounts, resulting in a staggering loss of $8 trillion. 

Data protection laws require cybersecurity controls; non-compliance may incur penalties

68% of organizations fear cyber-attacks due to lack of employee awareness, necessitating ongoing education and training.

Lack of security controls hinders 66% of organizations from acquiring cybersecurity insurance.

Staff shortage puts 59% of organizations at risk of a cyber attack, requiring urgent recruitment and training.

Based on IBM data, Cybersecurity Ventures forecasts that by 2025, cybercrime will have an annual cost of $10.5 trillion.