Cyber attacks targeting businesses increased by as much as 238% during the global health emergency, and cost the private sector nearly $8 billion in 2020 alone, according to data compiled by Totalplay Empresarial.
The goal of these attacks, also known as ransomware, is to obtain sensitive information about companies or their executives and then demand a ransom so that it is not published.
Among the data analyzed by Totalplay Empresarial It highlights that, on average, companies must pay $234,000 so that criminals do not misuse or disseminate sensitive information obtained during Ransomware attack. This type of crime only grew 9 times in the first months of the pandemic.
According to the “Cyber Security Checkpoint 2021” report. Cyber attacks have increased to the point that Internet users are currently facing 100,000 malicious websites and must avoid close to 10,000 malicious files. However, companies, regardless of their size, are still the main target of cybercriminals.
As a result, 87% of organizations experienced some attempt to breach their information, while 44% recorded at least one employee who had downloaded a malicious app and put their information, as well as the company’s network, at risk.
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The most commonly used malicious file types in ransomware attacks are executable (.exe) files, and they are involved in 59% of cases. The second place is occupied by text documents (.doc) with a frequency of 10%, and in third place is the PDF format, with 8% of accidents.
According to numbers from VerizonIn the case of small amounts of compromised information (about 100 records), the cost of the affected company will be about 35 thousand dollars on average. However, if the attack size is large (about 100 million records), the victim company could lose more than 15 million USD.
In the case of financial companies specifically, the economic impact of an attack of this kind in the early hours would be a few thousand pesos, but after the three-day barrier is crossed, the damage increases dramatically to millions of dollars in losses.
although It’s hard to calculate exact amounts Because it depends on factors such as the size of the company or its operations, only 21% of attacks were detected within the first day, according to Deloitte figures.
Among the countries with the highest number of ransomware attacks on businesses, the FBI’s Internet Crime Report 2020 highlights: United Kingdom, Canada, India, Greece, Australia, South Africa, France, Germany, Mexico and Belgium.
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In order to prevent this type of attack and provide an additional layer of security to corporate networks, Totalplay Empresarial offers specialized solutions and technologies, such as:
Artificial intelligence. Identify and prevent threats through network analysis.
Browse safe. It classifies web pages, monitors and blocks threats, as well as scans and analyzes encrypted web traffic.
The next generation of firewall. Able to segment traffic based on the analysis of the services and applications used, accessing only the necessary resources and nothing else.
email. Email protection with anti-malware technology, which looks for threats by scanning attachments and links, and implements contact lists from trusted sources.
Average. Control and monitoring center with 24/7 response to incidents.
Identification card. Assigning identities, privileges, and access to users in business applications and services.
red. Optimize bandwidth and application identification to create a secure private network between sites and services.
clouds. Control of managed applications in and out of the cloud, with the goal of mitigating information leakage.
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Companies must assess whether the cost of enhancing cybersecurity against potential ransomware attacks is less than the amount they would have to pay criminals if their information was compromised.
In addition to the direct economic impact of saving information In the hands of attackers, companies subsequently face the perception of mistrust caused by their customers, who prefer to change service providers for one they consider better protects their personal data.