Ransomware is causing increasingly greater financial damage

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According to the EU law enforcement agency Europol, ransomware is the biggest threat in the field of cybercrime . Sophisticated attacks on SMEs are becoming more and more common. They lead to ever higher extortion demands and cause major financial damage.

Five years ago, it was a matter of tens of thousands of euros, but today hackers are brazil gambling data increasingly demanding millions. The consequences of an attack can be crippling, especially for companies that rely on data to deliver products and services. Extortion demands are only part of the picture. Business interruption brings the most serious losses from ransomware attacks.

In some cases, the ransomware was only a first brazil gambling datastep towards the actual goal, such as the theft of personal data. Industrial and manufacturing companies are increasingly being targeted, but law firms, medical practices, consultants and architects are also suffering significant damage because their IT is inadequately protected.

Incidents like the Ryuk malware have emerged as a major driver of cyber insurance claims in recent years. First reported in August 2018, it was responsible for several attacks against large corporations, hospitals and local governments around the world.