What is the Biggest Threat to Entrepreneurs?

Cybersecurity- A $7 Trillion Industry That’s The Biggest Threat To Entrepreneurs

“Ultimately, saying that you don’t care about privacy because you have nothing to hide is no different from saying you don’t care about freedom of speech because you have nothing to say.”

― Edward Snowden

Cyber security facts and stats

  • A hacker attack happens every 39 seconds
  • Since Covid-19 the FBI reported a 300% increase in reported cybercrimes
  • 43% of cyber attacks target small businesses
  • Average global cost for a breach is $3.9m across small businesses
  • 95% of breached records come from 3 industries (government, retail, technology)
  • Approximately $6 trillion is expected to be spent globally on cyber security by 2021
  • Unfilled cyber security jobs worldwide will reach 4 million by 2021 (avg. cybersecurity engineering salary starts at $140k)
  • More than 77% of organizations do not have a cyber security incident response plan
  • Total cost for cybercrime worldwide added up to over $1 trillion
  • Average time to identity a breach in 2019 was 206 days (IBM)
  • Only 5% of companies folders are properly protected on average
  • The estimated number of passwords used by humans and machines worldwide is 300 billion+
  • 56% of Americans don’t know what to do in the event of a data breach
  • 34% of data breaches involve internal actors
  • 1 in 36 phones have high risk apps installed
  • financial services industry takes in highest cost from cybercrime at an average of $18.3m per company surveyed

Biggest data breaches of the 21st century

  • Yahoo – 3 billion user accounts in 2013 and 2014 (Names, email, passwords, date of birth and security questions)
  • Sina Weibo (Chinese twitter) – 538 million accounts in 3/2020
  • Marriott – 500 million customers (Contact, passport numbers, and 100m credit card numbers)
  • Adult friend finder – 412.2 million accounts (penthouse.com, cams.com, icams.com, and stripshow.com)
  • Myspace – 360 million accounts (2013)
  • Net Ease – 235 million user accounts (email October 2015)
  • Zynga – 218 million user accounts (gaming)
  • LinkedIn – 165 million user accounts (2016)
  • Dubsmash – 162 million user accounts
  • Adobe – 153 million user accounts (October 2013)
  • MyFitnessPal – 150 million user accounts (under armour app)
  • Equifax – 147.9 million users
  • eBay – 145 million users
  • Ashley Madison – 32 million accounts

Method of hacking

  • Virus-trojan – a virus within something you download or install
  • Phishing – Replicate web site to enter login and password
  • Eavesdropping – They’re monitoring what you’re doing but you don’t know
  • Fake Wap – Fake WiFi to get access to your data
  • Waterhole Attacks – Location with more traffic
  • DDOSing – Flooding traffic to crash your site (denial of service)
  • Keylogger – Malware that tracks your keypad
  • Social Engineering – Fake phone call (exploiting your natural tendency to help out)
  • Bait and Switch – Fake ads that take you to a page with a virus
  • Cookie Theft – Take cookies off your computer to act like it’s you

Solutions

SWOT analysis with team and family (strength, weaknesses, opportunity, threats)

  • Change passwords
  • Strengthen your home network
  • Hire an analyst to do an audit
  • Password storing software (LastPass)
  • Keep your eyes on kids technology/apps

Know where to report

Remote staff meeting with Teams

The need for remote learning continues to surge globally due to COVID-19. Microsoft alongside many of our partners offer free tools such as Office 365 and Teams to schools.

Administrators and teachers find Teams useful not only for the classroom, but also for organizing Professional Learning Communities and Staff teams.

Attending remote meetings is easy with all the built-in features provided. We understand you may have questions on how your school can leverage remote learning and we encourage you to view upcoming and on-demand Teams webinars – sign up here: https://microsoftteams.eventbuilder.com/TeamsEducation.


It’s easy to meet through Microsoft Teams. You can invite others to meet right now, or you can schedule a future meeting through the calendar tab.

Participants can take notes, invite others, share content, and even record the meeting for team members to watch later. After each meeting, all the notes, recordings, shared files, and conversations are available for future reference.

Teams takes the stress out of scheduling, organizing and recording meetings, so you can focus on content and collaboration. Even better, Office 365 and Teams A1 is free to educators right now!

Conduct Professional Learning Community (PLC) meetings in Teams!

COVID-19 has necessitated many schools and universities making remote learning available. While it’s natural to focus on student learning in the virtual classroom, it’s just as important to consider teachers’ needs for professional development and colleague collaboration.


We know that connection with colleagues is vital, especially during this time of increased isolation.

Many educators are eager for more time brainstorming, sharing ideas, and fueling their passions through their work in Professional Learning Communities. In this video, we cover how to meet now with fellow teachers, schedule meetings for later, and record meeting notes. Have you ever been typing back and forth with someone and wish you could just talk with them in person instead? With Teams, you can quickly do that with the click of one button: Meet now.

If you record your meetings, they can be saved within the respective channel so absent members can easily find and view later. Teams makes it easy for educators to continue or create new Professional Learning Communities.

Watch this video to learn more about PLC capabilities in Teams.

Grade assignments in Teams

Educators seek robust learning opportunities amidst the COVID-19 pandemic, with remote learning at the forefront of viable options. To support a swift transition, Microsoft and its partners continue to offer free tools like Office 365 and Teams to schools. Teams brings together conversations, content, assignments and apps all in one place.

Some schools already use Teams and others are researching options for their students. We understand you may have questions on how your school can leverage remote learning and we encourage you to view upcoming and on-demand Teams webinars to learn more.


This video shows teachers how to save time by grading students’ assignments in Teams. Specifically, it addresses how to efficiently leave comments, quickly insert personalized feedback, and grade with already-provided rubrics (that total scores for you).

Watch this short video to learn the essentials of how to streamline grading in Teams. Then contact us to learn more on how to utilize Teams for your school.

Conduct PLC meetings in Teams

COVID-19 has necessitated many schools and universities making remote learning available.

While it’s natural to focus on student learning in the virtual classroom, it’s just as important to consider teachers’ needs for professional development and colleague collaboration.

Professional Learning Communities (PLCs) are built into Microsoft Teams, and it’s free! We understand you may have questions on how your school can leverage remote learning and we encourage you to view on-demand Teams webinars – sign up here.


We know that connection with colleagues is vital, especially during this time of increased isolation.

Many educators are eager for more time brainstorming, sharing ideas, and fueling their passions through their work in Professional Learning Communities. In this video, we cover how to meet now with fellow teachers, schedule meetings for later, and record meeting notes.

Have you ever been typing back and forth with someone and wish you could just talk with them in person instead? With Teams, you can quickly do that with the click of one button: Meet now. If you record your meetings, they can be saved within the respective channel so absent members can easily find and view later. Teams makes it easy for educators to continue or create new Professional Learning Communities.

Watch this video to learn more about PLC capabilities in Teams.

4 keyboard shortcuts in Windows 10!

Want to help your teachers save time and increase classroom efficiency? Watch this video and share the insightful Windows10 shortcuts.


What teacher doesn’t want to save time and simplify their daily routine? Use this insightful customer video to provide time-saving tips with Windows 10 shortcuts. Take quick screenshots, easily access the Windows Ink Workspace, and display student and teacher content—all on the same screen.

This less-than-two minute video seamlessly addresses common pain points and frustrations. Your customers can easily comment, like, and re-share on their social media.