Cyberattacks cost organizations millions of dollars each year and lead to reputational damage. Organizations experience an average of 130 cyberattacks each year. In 2021, the global cost of cybercrime exceeded $6 trillion, and the problem is getting worse. According to Accenture, the average annual number of security breaches grew by 27.4% in 2020.
Data breaches also pose grave consequences for the average person. Cybercriminals use stolen personal information, such as a social security number, to impersonate someone, usually with the end goal of seizing their financial assets. Attackers also mount phishing attacks on personal computers and mobile devices to infect the device with malware—software designed to disrupt, damage, or gain unauthorized access to a system.
Companies need cybersecurity professionals for several reasons. These professionals play critical roles in protecting sensitive information, defending against cyber threats, and maintaining the security and integrity of computer systems and networks.