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NEWS & INSIGHTS

| less than a minute read

Ransomware Attacks Accelerate and No One is Safe...

While ransomware cyber attacks are in the news everyday, only a small percentage of those attacks are every reported.  The statistics from Cybersecurity Ventures makes this point in very sharp relief. The truth is, ransomware attacks are relatively easy, profitable for the attackers, with very little probability that those attackers will ever face justice.  As a result, we are experiencing an explosion in the numbers of these attacks and contrary to what one would think, no target is too small.  Thanks to automation, cyber attackers can scale their nefarious actions to unparalleled levels.  It appears, Ransomware, is a volume driven business...

Looking at 2021, Cybersecurity Ventures, a research and market intelligence firm focused on major cybersecurity players and startups, projected that businesses worldwide will wind up falling victim to a ransomware attack every 11 seconds, up from one every 14 seconds in 2019.

Tags

ransomware, rsablog, allegiscyber, cybersecurityventures