{"id":1142,"date":"2021-04-12T12:54:54","date_gmt":"2021-04-12T11:54:54","guid":{"rendered":"https:\/\/telecomkh.info\/?p=1142"},"modified":"2021-04-12T12:54:54","modified_gmt":"2021-04-12T11:54:54","slug":"75-of-telecommunications-companies-worry-about-cyber-crime","status":"publish","type":"post","link":"https:\/\/telecomkh.info\/?p=1142","title":{"rendered":"75% of telecommunications companies worry about cyber crime"},"content":{"rendered":"

40% of businesses feel threatened by cyber incidents<\/strong><\/p>\n

The risk of cybercrime to businesses all around the world continues multiplying by the day. According to data gathered by PreciseSecurity.com, nearly 40% of companies feel threatened by cyber incidents and find it the most concerning business risk in 2020.<\/p>\n

Cybercrime is the Leading Business Risk Globally<\/strong>
\nThe recent figures confirm that the global concern about cybercrime, IT failure, and data breach has increased 2% over the last year. Business interruption is the second most important risk in 2020 with 37% of companies worrying about this kind of uncertainty, revealed the Allianz Risk Barometer.
\nChanges in legislation and regulation, like trade wars and tariffs, economic sanctions, Brexit, and Euro-zone disintegration, ranked third on the list, followed by natural catastrophes and market development.
\nThe survey revealed that businesses all over the world recognize cybercrime as a more significant problem than loss of reputation, macroeconomic developments, political risks, or shortage of skilled workforce.<\/p>\n

US companies the Most Concerned About Cyber Incidents<\/strong>
\nCompared by markets, the US companies revealed the most significant level of concern about cyber incidents, with 43% of them worrying about cyber threats in 2020. European enterprises ranked second, with 38% feeling threatened by cybercrime, IT failure, or data breach. The Asia and Pacific and Canadian firms share a similar level of concern, with 37% of businesses feeling threatened by cyber incidents. Only 27% of companies from the Middle East and Africa think of them as the leading business risk this year.
\nAnalysed by the size, the survey revealed that 43% of large companies worry about cyber incidents affecting their work, which represents a 2% decrease from 2019. The level of concern among mid-size firms grew 4% over the last year and reached 36% in 2020.
\nStill, cyber threats aren’t just a problem for big corporations. Small businesses can be targets too. In fact, according to the US Securities and Exchange Commission data, 60% of small businesses that fall victim to an attack shut down within six months after the breach. Consequently, the level of concern about cyber risks among small companies increased by 4% in the last year. Currently, 35% of small enterprises globally consider cyber incidents the most critical business risk in 2020.<\/p>\n

75% of Telecommunications Companies Worry About Cyber Crime<\/strong>
\nThe statistics indicate that cyber incidents represent the most critical business risk in telecommunications, where 75% of companies feel threatened by cybercrime, data breach or IT failure. Such a high level of concern is reasonable considering telecommunication companies represent a significant target for cyber-attacks because they build, control, and operate critical infrastructure widely used to communicate and collect large amounts of sensitive data.
\nThe technology market ranked second, with 57% of enterprises worrying about cyber risk. Financial and professional services mark 46% share of companies who thought of cybercrime as the most prominent business risk in 2020, followed by the aviation industry sector. Nearly 40% of government institutions all over the world share the same concerns.<\/p>\n

Above, the image \u00abConstructing Cybersecurity\u00bb by eschipul is licensed under CC BY-SA 2.0<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

40% of businesses feel threatened by cyber incidents The risk of cybercrime to businesses all around the world continues multiplying by the day. According to data gathered by PreciseSecurity.com, nearly 40% of companies feel threatened by cyber incidents and find it the most concerning business risk in 2020. Cybercrime is the Leading Business Risk Globally … <\/p>\n

Continue reading \u00ab75% of telecommunications companies worry about cyber crime\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[24],"tags":[],"_links":{"self":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/1142"}],"collection":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1142"}],"version-history":[{"count":1,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/1142\/revisions"}],"predecessor-version":[{"id":1144,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/posts\/1142\/revisions\/1144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=\/wp\/v2\/media\/1143"}],"wp:attachment":[{"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomkh.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}