Patrick Domingues

According to the Data Security Report, information security incidents are more prevalent than ever, especially for businesses. Security breaches are no longer the fault of the careless employee, but rather attackers who specifically target companies, looking for vulnerabilities that they can exploit.

In a survey of over 900 employees, the top three security threats identified were: increasingly severe ransomware attacks, more effective phishing schemes, and rampant reusing of passwords.

• Respondents reported a significant increase in the effectiveness of phishing emails. In surveys, they said that these emails are now much harder to spot, and thus much more dangerous.
• Ransomware attacks have increased by 25% over the past year. This is especially true for businesses in the banking, financial services, and construction industries. Receiving a ransom demand was significantly higher than average for these businesses.
• What was revealed in a report is something everyone should know. The study showed that people who reuse passwords are more likely to be victims of hacks, cybercrime, and identity theft. This is because they use the same password for multiple sites.

According to Getapp, in the “new era” security threats are getting more sophisticated. It can be in the form of a phishing scheme or ransomware. Companies must train their employees better to protect against the increasingly sophisticated cybercriminals.

In a recent survey, it was found that 23% of IT security managers have no protocols for reporting a cyberattack and 33% have no formal cybersecurity incident response plan.

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Patrick Domingues

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