Cybercrime is obstructing businesses and governments around the globe. It's not only an IT problem, it's the biggest threat to a company's business continuity and reputation. According to Accenture's State of Cybersecurity Resilience 2021 Report, the average number of cyberattacks per company in the United States rose from 184 in 2020 to 270 in 2021.

A survey conducted by CNBC and Momentive showed that 56% of small business owners are not concerned about being hit by a cyberattack in the next 12 months.

Hackers may have found an effective way to track users using a web browser or password manager’s password autofill feature. Here’s how they do it and what you can do to protect yourself.
Why password autofill is so dangerous
Modern web browsers and password managers have a feature that enables usernames and passwords to be automatically entered into a web form.

Did you know that in 2021, roughly 281.5 million individuals have experienced some sort of data breach? According to the Identity Theft Resource Center (ITRC), the number of reported data breaches in 2021 has already surpassed the total for 2020 by a shocking 17%. President and CEO of the ITRC Eva Velasquez said 2021 was just 238 breaches short of tying the all-time high of 1,529, which was set in 2017.

The ITRC also mentions that ransomware and phishing were the two most common methods of attack used by cybercriminals.

Many employees, whether in the office or working from home, use a variety of applications to perform their everyday tasks. A lot of these applications require passwords before an employee can access them. Because of this, users are compelled to memorize and manage multiple passwords to keep sensitive information safe.

Some people might think that data breaches are mainly caused by cybercriminals. However, according to a study by Stanford University and cybersecurity firm Tessian, approximately 88% of all data breaches are caused by errors committed by employees. To mitigate the risks associated with staff making cybersecurity mistakes, it’s not enough to deploy solutions like firewalls and anti-malware programs — It’s also crucial to conduct cybersecurity awareness training programs.

Cyberattacks are becoming more dangerous by the minute, so you must safeguard your business at all times. However, learning about proper cybersecurity protection can be confusing because of all the misinformation available online. So instead of keeping your company safe, bad cybersecurity could expose your organization more to security risks such as phishing scams and malware attacks.