Even though businesses are spending upwards of $120 billion on advanced cybersecurity solutions each year to protect their information and sensitive data ($170 billion projected to be spent by the year 2020), it has become increasingly common to see weekly news reports detailing massive data breaches affecting millions of users. The sad reality is there is a common weak link that often opens a direct pathway for hackers and cybercriminals to access both company and individual networks. Unfortunately, that weak link is humans.
It’s no secret, humans suck at cybersecurity. Online services are starting to do more to help individuals and companies protect their data, but individuals and companies continue to practice poor account management across numerous online accounts. Even with a stack of advanced solutions offering layers of data protection, these solutions are only as good as the people who use them. Our team at HEROIC.com has compiled some intriguing data to show how poor password hygiene can quickly become a data protection disaster.