Data Breaches Becoming Scarily Commonplace for Businesses
Bybit, another crypto company, reported back in February that attackers had stolen digital tokens worth around $1.5 billion dollars, and in total, the number of funds stolen by breaching crypto platforms came to $2.2 billion in 2024, according to Chainalysis.
Security and privacy is becoming an increasingly important issue for businesses, as data breaches and cyberattacks continue to rise. In fact, a recent study reported that cybersecurity was a bigger concern for businesses than AI implementation.
Including security and privacy training for employees, carrying out regular software updates and implementing security measures such as access controls and multi-factor authentication, are part of the basic principles that help protect your business.
