ransomwareattacks
Imagine logging on to your business’ computer systems, only to find your most critical information and tools locked and inaccessible. A message demands a ransom, often to be paid in cryptocurrency, or the data will be locked forever or even possibly leaked online. Q3 2021 hedge fund letters, conferences and more Ransomware attacks have spiked since the start of the pandemic, increasing 150% over 2019, part of a larger international trend going back ten years. This trend has caught many businesses off-guard and unprepared, opening them up to lost data, interrupted operations, and high financial...
ValueWalk
Today, Sophos released its new survey report, “The State of Ransomware in Financial Services 2021,” which details the extent and impact of ransomware attacks on financial services organizations during 2020. [soros] Q2 2021 hedge fund letters, conferences and more The Impact Of Ransomware Attacks On Financial ServicesThe survey reveals that mid-sized financial services organizations worldwide spent more than $2 million on average recovering from a ransomware attack. Even though financial services organizations are fairly resilient against cyberthreats, thanks to robust backups and continuity pl...
ValueWalk
The world of digital technology has provided many huge benefits to businesses over recent years. It has helped to increase efficiency, boost growth, raise awareness, and improve overall success levels even for smaller businesses. However, modern technology has also brought with it a number of new risks that businesses have to deal with, one of which is ransomware. Q2 2021 hedge fund letters, conferences and more Cybercriminals these days have become adept at using a range of high-tech and sophisticated methods to try and conduct their illegal online activities. This has had a huge negative imp...
ValueWalk
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