Data encryption is a bit like insurance - we all know we need it (a necessary evil you might say), but it’s difficult to decide what we need to protect, and with an increasing amount of options out there, it’s a mission in itself to find the right provider. That’s probably why when we take out insurance we tend to only get coverage when we feel it’s absolutely necessary – for example, for our property, our cars and when we travel.

As we are in the midst of the October Cybersecurity Awareness Month of 2022, all of us need to be more cautious than ever regarding the risks surrounding an increasingly complex and lethal cyber threat landscape. Appknox takes this opportunity to join forces with cybersecurity champions and stakeholders to raise awareness about mobile app security. Our aim is to empower everyone to protect their personal data from cybercrime.

When companies drive a wedge between their workforce and their security culture, not only do they reduce best practices, but they also increase stress and jeopardise secure behaviours. We need to stop blaming employees for cybersecurity breaches and look at the real reasons that data is compromised. Furthermore, as long as there are humans at work, there will be human error at work. It is natural, and never 100% avoidable!

Read also: Microsoft fixes a Windows zero-day, Mango Markets DeFi platform robbed of over $100M, and more.

In what seems to be a constant drip of headlines about large enterprises experiencing security incidents, the world most recently learned of a successful data infiltration of rideshare and delivery company Uber. In a blog update, Uber attributed the attack to the infamous Lapsus$ group that has made a name for itself over the past year with successful breaches of household names including Microsoft, Rockstar Games, Samsung, Nvidia, Ubisoft, and Okta.

Some organizations might think they’re saving money by not investing in proper cybersecurity solutions, but one data breach could bankrupt a company. In fact, the average cost of a data breach has reached an all-time high of $4.35 million, according to a 2022 report by IBM and the Ponemon institute. Companies must take measures to secure their data and avoid potentially dire financial consequences.