The U.S. is Vulnerable, and This is Why We Need Cybersecurity
It’s a tumultuous time right now for U.S. citizens. No matter what side of the political aisle you’re on, and regardless of what results occur in this year’s 2024 presidential election, one thing remains certain: the threat landscape in the United States is rapidly evolving. Recent high-profile cyberattacks on Microsoft and AT&T underscore the urgency of strong defenses for all industries, from technology to telecommunications. Here are some harrowing statistics according to Forbes:
- There were 2,365 cyberattacks in 2023.
- 2023 saw a 72% increase in data breaches since 2021, which is above the previous all-time record!
- Data breaches cost $4.88 million on average in 2024.
- 94% of organizations have reported email security incidents.
If you think your business isn’t vulnerable in today’s digital age, it’s essential for companies to prioritize cybersecurity to safeguard their business operations and maintain customer confidence.
What Businesses Are Affected?
Key sectors like telecommunications, retail, and satellite companies deal with unique vulnerabilities. Telecommunications are under constant threat from distributed denial-of-service (DDoS) attacks and data breaches that can disrupt essential services for national security and critical infrastructure. As retail companies shift to e-commerce, they grapple with payment processing risks like customer data breaches that create new opportunities for cybercriminals. Meanwhile, we know that satellite companies aren’t immune, either. A recent Deloitte report warns that with a historic number of active satellites in orbit, they’re incredibly digitally enabled and can introduce more cyber vulnerabilities by malicious actors.
What Happens When We’re Not Prepared?
As tempting as it can be to bury our heads in the digital sand, the consequences of not taking action against cybersecurity can be dire, especially in the United States. Companies that don’t take proactive steps to take on robust cybersecurity solutions risk facing severe financial losses and recovery costs. Data breaches can tarnish a brand’s reputation. National security is also at stake because weak defenses can ultimately jeopardize critical infrastructure. A business, organization, and especially a country’s government ignoring these needs isn’t just risky – it’s a gamble that can have devastating effects.
GTSaaS Can Help With Next Steps
At GTSaaS, we know that the U.S. government and our businesses are facing significant cybersecurity vulnerabilities. As cyber threats grow more sophisticated, we must all take proactive steps to safeguard assets and data. Investing in comprehensive cybersecurity strategies is essential to protect your business’s reputation. Prioritizing robust defenses and partnering with a knowledgeable cybersecurity company like GTSaaS can help you stay ahead of potential threats. Don’t wait for a breach to highlight the need for solid cybersecurity measures.
