Cyber attacks are on the rise. Cybersecurity experts predict that in 2021, there will be a cyber attack incident every 11 seconds. This is nearly twice what it was in 2019 (every 19 seconds) and four times the rate from five years ago (every 40 seconds in 2016).
Humans: the weak link in the cybersecurity chain
95% of cybersecurity breaches are caused by human error. In a world where data breaches have become such a common occurrence, how is it that we are not better trained, or more aware of the risks we expose ourselves to every day?
On one hand, cybercriminals have become more and more sophisticated, but on the other hand, should we not be able to offset this risk through increased awareness and training?
Unfortunately, for many, a breach ends whenever that compromised password is reset, that stolen credit card canceled, or worse, whenever that big headline in the news is replaced by the next big story.
Cyber attacks are a big deal
Every breach a user is exposed to chips away at their privacy, compromising a little bit more of their digital identity each time, and essentially creating a blueprint with multiple single points of failure for cybercriminals to exploit.
Suppose your Facebook account gets breached and you reset your password. Problem solved, right? But how many of your other accounts also use that now-compromised password? What information was the hacker able to get a hold of when they gained access? Were they able to determine your kids’ names? Are your kids' names used in any of your other passwords? A password reset can't undo all of that.
This is just one example of how a single data breach can negatively impact your overall digital identity. When you map one on top of the other, it becomes easy to see that cyber attacks are not isolated incidents and that cybercriminals are effectively creating one big spider web.
The worst is yet to come
As the world continues to shift from the physical to the digital, more and more of our professional and private lives will exist behind online login forms.
And as the world grows more and more connected, our digital identities will be spread out further across multiple digital touchpoints (online accounts, bank accounts, connected home devices, etc.), all of which can be potential targets.
If we don’t start protecting our digital identities today, the breadcrumbs we are leaving behind with each compromised credential and account will continue to be leveraged against us by cybercriminals.
How can you protect your data?
Today, users are exposing themselves to cyber attacks both directly and indirectly, either through the use of weak passwords or variations of the same passwords, or by unknowingly clicking on malicious links or malicious ads, downloading malware, and more.
We’ve become vulnerable across different touchpoints, but small changes can have a big impact on your overall cybersecurity.
As a start, it is essential to use a password management solution. MYKI helps users generate, store, and securely share unique and complex passwords for each of their professional online accounts, as well as add an extra layer of security with 2FA.
Additionally, phishing attacks can easily be prevented if those hidden dangers can be spotted. GUARD is a browser extension that helps users detect and avoid online threats like malicious ads, compromised websites, fraudulent login forms and more as they browse the internet.