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Causes of Cybersecurity Attacks: Why Cyber Threats Are on the Rise

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In today's digital world, all personal activities and official workplaces have become dependent on technology. Today everyone from children to housewives and from office assistants to directors, and CEOs of the company are connected to this digital world round the clock.

But, like every coin has two faces, this digital world has two sides. Ethical and unethical. The latter is continuously engaged in trapping those who make one silly mistake either at the workplace’s system or in their personal systems or mobile phones.

In India, due to cyber-crimes, Indians lost more than Rupees 1750 crore in the first four months of 2024. Over 7,40,000 cybercrime complaints were registered on the National Cybercrime Reporting Portal from January 2024 to April 2024.

To save these losses and protect the data from being stolen by these threats, it is necessary to work seriously on Cybersecurity.

In this blog, we will see what are the causes behind cybersecurity attacks.

Increased Connectivity

With the rise of the internet, IoT devices, and cloud computing, our dependency on digital technology has grown exponentially. In today’s world, everyone is now connected to the World Wide Web.

Rising Cyber Threats

The digital age has made life easy and convenient. But it has also opened the door to a host of cyber threats. Cybercriminals are becoming increasingly sophisticated, using advanced tactics to breach systems and steal sensitive data.

Data as a Valuable Asset

Unlike traditional assets, data has gained huge importance due to its attributes and use. So, it has become a prime target for cybercriminals.

Intention of Data Breach

The cost of cybercrime is staggering, with global damages expected to reach $10.5 trillion annually by 2025. This rise in cyber threats underscores the need for robust cybersecurity measures.

Financial and Operational Impact

Cyber-attacks can disrupt the operations. It may cause a huge financial loss with the loss of sensitive information. Also, today in the era of social media, where news spreads in no time, it may damage the organization’s reputation.

To Decrease Trust Factor

Banks, government departments, and corporates store confidential information of their users. Frequent breaches of data result in losing trust in such organizations. In such cases, it may become a severe threat to the economy as well.

Lack of Training and Awareness

Lack of training and awareness among employees may result in successful attempts by hackers. Phishing scams, social engineering, and unsecured devices are major vulnerabilities.

Human Error

Human errors are a leading cause of cybersecurity attacks. Regular training programs are crucial to minimizing the risk.

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