Top Cybersecurity Threats of 2016 and How To Avoid Them

The year 2015 can be defined as the year of security breaches. From the Ashley Madison hack to the Anthem breach, these attacks affected millions of people and shook our trust in the data securing capabilities of private companies and the government.
It is estimated that the annual cost to the global economy from cybercrime is more than $400 billion. In 2015 alone, the maximum total annualized cost of cybercrime committed against U.S. companies was $65.05 million.
If 2015 was a tough year for cyber security, the outlook for 2016 looks gloomy. This year we will see increased cyber attacks, many of which will be far more complex and hostile.
The U.S. government has upped its proposed cyber security budget to $14 billion in 2016, to better protect federal and private networks from hacking threats. However, going forward, given the increasingly complex cyber threat landscape private businesses will have to better prepare themselves to face these cyber security challenges.
In the infographic below, Tyler Cohen Wood, Cyber Security Advisor to Inspired eLearning, identifies some of the biggest cyber security threats of 2016 and what we can do to avoid them.