Establishing proper cybersecurity policies and protecting your business and its promise is every leader's priority, along with ensuring the wellbeing of the people. The number of disruptions affecting businesses is rising, with cyber risks having an upward trend.
The COVID-19 pandemic has had an enormous impact on how many organizations do business, with many people working from home and increased demand for video conferencing, cloud applications, and network resources.
The speed, connectivity, and wide range of benefits make the cyber world a must for any business; however, as the cyber community develops, so do the risks of working with today's technology.
That being the case, it's essential to make sure you know the latest trends, risks, and threats to your cyber safety heading into a new year.
Surprisingly, plans on how to deploy a cybersecurity strategy haven’t been a priority for companies around the globe not so long ago. In 2017, the phrase “ransomware attack” was trending like never before. On May 12th, 2017, WannaCrypt ransomware attack made headlines all over the world. Starting in Europe, the malware quickly spread across the globe, demanding users’ money for the return of seized data. Using exploits stolen from the U.S. National Security Agency (NSA), hackers hit more than 200,000 machines worldwide, affecting different industries and organizations of all sizes.
Just a few weeks later, a new cyberattack took a swing at companies’ data worldwide, completely wiping it from hard drives.