Tag: financial impact
4 articles
Ransomware Strikes 323 UK Firms in a Year
Stay ahead of ransomware threats with proactive protection - keep your data safe with regular backups, strong access controls, and up-to-date systems. Every month, over 26 UK firms fall victim to these crippling attacks, with small and mid-sized businesses being hit the hardest.
Organizations' Crisis Response Lags Behind Confidence Levels
Most companies are blissfully unaware of impending crises, with a staggering 93% admitting they've missed warning signs of disruptions - and it's costing them dearly, with every business surveyed reporting a significant financial hit.
Ransomware Evolves With Post-Quantum Encryption, New Extortion Tactics
Ransomware attacks may be on the decline, but don't let your guard down - attackers are getting smarter, ditching encryption, and selling stolen data, with the manufacturing sector alone losing a whopping $18 billion in just three quarters. The threat may have evolved, but the damage and risk remain very real.
Ransomware Drives 90% of Manufacturing Cyber Losses
Ransomware is wreaking havoc on the manufacturing sector, responsible for a staggering 90% of total cyber losses - despite accounting for just a small fraction of claims. When ransomware strikes, the financial blow is severe, highlighting the urgent need for robust security measures.