Small businesses are collectively subject to almost 10,000 cyber attacks a day, according to new findings from the Federation of Small Businesses (FSB).
According to the “Vectra 2019 Spotlight Report on Ransomware”, recent ransomware attacks have cast a wider net to ensnare cloud, data center and enterprise infrastructures.
City Power, who is responsible for providing power to Johannesburg, South Africa, said on Thursday it had been hit by a ransomware virus that had encrypted all of its databases, applications and network.
Eighty-six percent SMB clients were recently victimized by ransomware and 21 percent report six or more SMB attacks in the first half of 2017 alone, according to Datto’s State of the Channel Ransomware Report.
The WannaCry ransomware attack that successfully targeted Merck is not the only cyberattack to which the pharmaceutical industry has fallen victim. As pharmaceutical and biotechnology companies move toward greater digitalization and the storage of more valuable data, their digital security practices become more and more critical.
A small subset of professional criminal actors is responsible for the bulk of cybercrime-related damage, employing tools and techniques as sophisticated, targeted and insidious as most nation-state actors, says the State of Cybercrime Report 2018.
