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Ransomware Attacks South Africa

Ransomware Attacks Grew 1070% Since Last Year According to Fortinet

Image sourced from Feed Navigator. Fortinet, a global leader in broad, integrated, and automated cybersecurity solutions, today unveiled the 2021 Global State of Ransomware Report. The survey reveals most organizations are more concerned about ransomware than other cyber threats, it also reveals that ransomware grew 1070% year over year from 2020. “According to a recent FortiGuard Labs Global Threat Landscape report, ransomware grew 1070% year over year. Unsurprisingly, organizations cited the evolving threat landscape as one of the top challenges in preventing ransomware attacks,” says John Maddison, EVP of Products and CMO at Fortinet. “The high amount of attacks demonstrates the urgency for organizations to ensure their security addresses the latest ransomware attack techniques across n...

What SMEs Should Know About Ransomware

Image sourced from Feed Navigator. Ransomware attacks are on the rise and malicious cybercriminals are always fine-tuning their strategies. Business leaders need to realise that their tactics include disrupting critical business operations across all industry verticals and businesses of all sizes, including small to midsize enterprises (SMEs). With most of the recent headline-making ransomware attacks against larger organisations who are likely to be more financially capable of meeting exceeding large ransom demands, the findings around the targeting of smaller businesses with fewer resources raise the question as to why ransomware operators are going after SMEs in the first place. The frequency and severity of successful ransomware attacks have a tremendous impact on victim organisations ...