Key Concepts Every Extended Undergraduate Diploma in Business Beginner Should Know About Cyber Security

As a beginner in the field of business, understanding the key concepts of cyber security is essential in today's digital age. With cyber attacks becoming more prevalent, it is crucial for individuals pursuing an Extended Undergraduate Diploma in Business to have a solid foundation in cyber security. Below are some important statistics and key concepts that every beginner should know:

Statistic	Importance
60% of small businesses that suffer a cyber attack go out of business within six months	Understanding the impact of cyber attacks on businesses is crucial for risk management
95% of cybersecurity breaches are due to human error	Emphasizing the importance of employee training and awareness in cyber security
Cyber crime damages are expected to reach $6 trillion annually by 2021	Highlighting the growing threat of cyber crime and the need for robust security measures

By familiarizing yourself with these key concepts and statistics, you will be better equipped to navigate the complex world of cyber security in the business environment. Remember, prevention is always better than cure when it comes to cyber attacks, so stay informed and stay safe!