Organisations that fall victim to a ransomware attack shouldn’t let the cyber criminals know they have cyber insurance – because if the attackers know that their victim holds an insurance policy, they’re more likely to outright demand the ransom payment in full. Cybersecurity researchers at Fox-IT, part of NCC Group, examined [...]
Small businesses are the top target of 43% of all cybercrimes. And the number continues to grow everyday.
As cybersecurity continues to grow and evolve, cybercriminals are also looking for new ways to circumvent security systems and exploit individuals, businesses, and government agencies. The damage a malware attack can cause to a business goes beyond financial losses. It can also compromise your customers’ data, leading to serious consequences for your reputation.
According to a report by security company McAfee, there was an average of 419 new threats per minute in 2020, as overall new malware samples increased by 11.5%. What does this mean? This indicates that businesses are at risk of falling victim to old and new threats every minute. Without a solid cybersecurity strategy, businesses remain vulnerable to malware at all times.