--- title: 4 Things You Didn’t Know About Cybersecurity description: As data breaches continue to increase every year, there is more and more evidence that a data breach is no longer a question of “if” but “how many times.” image: https://blog.linksquares.com/hubfs/4%20Things%20You%20Didn%E2%80%99t%20Know%20About%20Cybersecurity%20-%20Copy%20of%20Legal%20Best%20Practices_Thumbnail.png --- [Skip to content](https://blog.linksquares.com/4-things-you-didnt-know-about-cybersecurity#main-content) [LinkSquares](https://blog.linksquares.com/) Open Mobile Menu [LinkSquares](https://linksquares.com/) Close Mobile Menu [Why LinkSquares](https://linksquares.com/why-linksquares/) [Products](https://linksquares.com/products/) --- [The LinkSquares Cloud One platform for all your in-house legal needs](https://linksquares.com/products/linksquares-cloud/) --- Contract Lifecycle Management Create, review, manage and sign contracts Legal Project Management Centralize your work and keep projects moving Cross-product capabilities Get scalability, efficiency and connectivity LinkSquares Onboarding Experience A step by step guide to get started today --- [Solutions](https://linksquares.com/solutions/) [Customer Stories](https://linksquares.com/customers/) Resources Content [LinkSquares+ Content curated for in-house leaders](https://linksquares.com/plus/) [The Library](https://linksquares.com/library/) In the studio [Demo Library](https://linksquares.com/demo-library/) Community & Events [Customer Stories](https://linksquares.com/customers/) [Events & Webinars](https://linksquares.com/events/) Learning [Blog](https://blog.linksquares.com/) [In-House Insights](https://linksquares.com/inhouse-insights/) [Knowledge Base](https://help.linksquares.com/) [Events](https://linksquares.com/events/) [About Us](https://linksquares.com/about-us/) [Careers](https://linksquares.com/careers/) [Press](https://blog.linksquares.com/tag/linksquares-news-press) [Pricing](https://linksquares.com/pricing/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Contract Lifecycle Management](https://linksquares.com/products/) [Finalize Streamline your contract creation process](https://linksquares.com/products/finalize/) [Sign Get your contracts executed faster](https://linksquares.com/products/sign/) [Analyze Your post-signature analytics & repository](https://linksquares.com/products/analyze/) [CLM Suite One platform to rule them all](https://linksquares.com/products/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Legal Project Management](https://linksquares.com/products/) [Prioritize Manage, track, and report on legal work in one place](https://linksquares.com/products/prioritize/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [LinkAI Predictive and generative AI](https://linksquares.com/products/analyze/features/ai/) [Integrations Connect the tools you love](https://linksquares.com/integrations/) [Reporting Improve your teams efficiency with KPIs](https://linksquares.com/products/analyze/features/dashboard/) [API Integrate with any third-party app](https://linksquares.com/integrations/linksquares-api/) [Request a demo](https://linksquares.com/demo-request/) Back Close Mobile Menu [Cross-product capabilities](https://linksquares.com/products/) [Onboarding We're here for you from day one](https://linksquares.com/onboarding-services/) [Services Short on time? 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With [Cybersecurity Awareness Month](https://blog.linksquares.com/how-to-protect-against-cybersecurity-attacks) behind us, it would be nice to pack up data privacy concerns with the fake spiderwebs and trick-or-treat candy buckets of yester-month.  Modern legal teams know how crucial cybersecurity is. The shift to remote work and the chaos surrounding 2020 led to the FBI receiving [more than 2,000 internet crime complaints per day](https://blog.linksquares.com/cybersecurity-awareness-month-info), with growing concerns that global unrest may agitate these numbers.  But within the spook, there is strategy. LinkSquares and BreachRx banded together to present the [Don’t Let Your Cybersecurity Risk Haunt You](https://go.linksquares.com/on-demand-webinar-dont-let-your-cybersecurity-risks-haunt-you) webinar on Halloween to discuss all things cybersecurity strategy for legal. BreachRx Founder, CEO, and General Counsel Andy Lunsford and LinkSquares Technical Solutions Attorney Heather Loukas cover incident reporting readiness, how to improve your cybersecurity posture, and why contract management is your best defense against the dark arts. Andy and Heather cover a wide range of topics in this webinar. Here 4 things you didn’t know about cybersecurity that they discuss:   - **83% of companies have experienced more than one data breach** Many companies think a data breach won’t ever happen to them, but if it does, it will be a one-time deal. As data breaches continue to increase every year, there is more and more evidence that a data breach is no longer a question of “if” but “how many times.” - **Data breaches are up 70% in Q3 vs. Q2** One theory around this is that fewer Q2 incidents may have been related to the distraction of the Russian/Ukrainian war, since many cyber attacks are centralized there. - **The average cost per incident in 2022 is $4.35M** The average cost of a data breach in 2021 was around $4.2M per incident. This is 17% higher than in 2020, according to the Ponemon Cost of a Data Breach Report. - **Practicing incident response plans can save you $2.66M** [Tabletop exercises](https://blog.linksquares.com/how-legal-can-prepare-for-data-privacy-2023) and other incident response plans can help you save millions of dollars (and headaches) with proper planning and repetition. Watch this[on-demand version](https://go.linksquares.com/on-demand-webinar-dont-let-your-cybersecurity-risks-haunt-you) of [Don’t Let Your Cybersecurity Risk Haunt You](https://go.linksquares.com/on-demand-webinar-dont-let-your-cybersecurity-risks-haunt-you) to learn how you can ward off bad spirits like phishing and malware.  To learn more about how LinkSquares and BreachRx can help, [schedule a demo](https://go.linksquares.com/demo-request). ![avatar](https://blog.linksquares.com/hs-fs/hubfs/Screenshot%202023-05-09%20at%2012.05.18%20PM.png?width=290&name=Screenshot%202023-05-09%20at%2012.05.18%20PM.png) #### [Christina Sullivan](https://blog.linksquares.com/author/christina-sullivan) Christina Sullivan is a Content Marketing Manager at LinkSquares. ## Subscribe to the LinkSquares Blog Stay up to date on best practices for GCs and legal teams, current events, legal tech, and more. ## Related Articles ### [Alyssa Verzino Apr 08, 2022 5 min read How to Prevent and Survive A Data Breach Data breaches require a team response. Many organizations consider themselves prepared for a data breach if their Chief ... Start Reading](https://blog.linksquares.com/how-to-prevent-a-data-breach) ### [Christina Sullivan Aug 02, 2022 7 min read 4 Tips for Surviving a Data Breach There was a record-breaking number of cybersecurity attacks last year. According to IBM's Cost of a Data Breach Report 2021, ... Start Reading](https://blog.linksquares.com/4-tips-for-surviving-a-data-breach) ### [LinkSquares Team Mar 23, 2020 4 min read How Legal Can Help IT Handle Privacy and Data Breaches When your organization is the victim of a data breach by cyberattackers, the last thing your IT department is thinking about is ... 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[Status](https://linksquares.statuspage.io/) - [Your Privacy Choices](https://go.linksquares.com/linksquares-do-not-sell-or-share-personal-data) - ![aicpa soc 2](https://blog.linksquares.com/hs-fs/hubfs/soc2_66933e61%20copy.png?width=100&height=100&name=soc2_66933e61%20copy.png) - ![barr certification](https://blog.linksquares.com/hs-fs/hubfs/Frame%201921.png?width=129&height=57&name=Frame%201921.png) ```json { "@context" : "http://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "United States", "addressLocality" : "Boston", "addressRegion" : "MA", "postalCode" : "02109", "streetAddress" : "60 State Street" }, "knowsLanguage" : "en", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares", "url" : "https://blog.linksquares.com/4-things-you-didnt-know-about-cybersecurity" } ``` ```json { "@context" : "http://schema.org", "@type" : "BlogPosting", "abstract" : "As data breaches continue to increase every year, there is more and more evidence that a data breach is no longer a question of “if” but “how many times.”", "author" : { "@type" : "Person", "name" : "Christina Sullivan" }, "dateModified" : "2023-08-24T21:08:00Z", "datePublished" : "2022-11-14T14:00:00Z", "headline" : "4 Things You Didn’t Know About Cybersecurity", "image" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/4%20Things%20You%20Didn%E2%80%99t%20Know%20About%20Cybersecurity%20-%20Copy%20of%20Legal%20Best%20Practices_Thumbnail.png", "inLanguage" : "en", "keywords" : "[Security & Data Privacy, Regulatory & Compliance]", "mainEntityOfPage" : { "@type" : "WebPage" }, "name" : "4 Things You Didn’t Know About Cybersecurity", "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://6934676.fs1.hubspotusercontent-na1.net/hubfs/6934676/Navigation/logo_643dd1b1.svg" }, "name" : "LinkSquares" }, "text" : "Halloween is over, but the same can’t be said for the cybersecurity risks that haunt legal every day. With Cybersecurity Awareness Month behind us, it would be nice to pack up data privacy concerns with the fake spiderwebs and trick-or-treat candy buckets of yester-month. Modern legal teams know how crucial cybersecurity is. The shift to remote work and the chaos surrounding 2020 led to the FBI receiving more than 2,000 internet crime complaints per day, with growing concerns that global unrest may agitate these numbers. But within the spook, there is strategy. LinkSquares and BreachRx banded together to present the Don’t Let Your Cybersecurity Risk Haunt You webinar on Halloween to discuss all things cybersecurity strategy for legal. BreachRx Founder, CEO, and General Counsel Andy Lunsford and LinkSquares Technical Solutions Attorney Heather Loukas cover incident reporting readiness, how to improve your cybersecurity posture, and why contract management is your best defense against the dark arts. Andy and Heather cover a wide range of topics in this webinar. Here 4 things you didn’t know about cybersecurity that they discuss: 83% of companies have experienced more than one data breach Many companies think a data breach won’t ever happen to them, but if it does, it will be a one-time deal. As data breaches continue to increase every year, there is more and more evidence that a data breach is no longer a question of “if” but “how many times.” Data breaches are up 70% in Q3 vs. Q2 One theory around this is that fewer Q2 incidents may have been related to the distraction of the Russian/Ukrainian war, since many cyber attacks are centralized there. The average cost per incident in 2022 is $4.35M The average cost of a data breach in 2021 was around $4.2M per incident. This is 17% higher than in 2020, according to the Ponemon Cost of a Data Breach Report. Practicing incident response plans can save you $2.66M Tabletop exercises and other incident response plans can help you save millions of dollars (and headaches) with proper planning and repetition. Watch this on-demand version of Don’t Let Your Cybersecurity Risk Haunt You to learn how you can ward off bad spirits like phishing and malware. To learn more about how LinkSquares and BreachRx can help, schedule a demo.", "url" : "https://blog.linksquares.com/4-things-you-didnt-know-about-cybersecurity", "wordCount" : "597" } ```