Cyberattacks are increasing everywhere and targeting small to mid-sized businesses. Recent threat reports show global cyberattacks increased by 38% in 2022. Attacks rose by 57% in the United States, 77% in the United Kingdom, and 26% in Singapore. Statista estimated the global online crime cost was around USD 8.4 trillion. That’s an increase of USD 3 trillion every year since 2020.
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