Ransomware to cause $20 billion in global losses this year

Ransomware remains the top threat to large and medium-sized businesses, with damages from this crime expected to exceed $20 billion before the end of 2021. 

The report shows that during the second half of 2021, only 20% of companies reported no cyberattacks, down from 32% last year. 

These ransomware gangs were not only very active, but started to become much more aggressive.” 

Phishing remains the main attack vector, with the report finding that 94% of malware is delivered via email. 

Solution  

MSI offers: 

• Cybersecurity Education Program: To give corporate members a realistic experience and continuously assess their alertness to potential threats, it includes an automated system to simulate attacks with the latest phishing, ransomware, identity theft and malware techniques. 
• Open-Source Intelligence (OSINT): is the collection and analysis of data gathered from open sources to produce actionable intelligence. Aiming to find email addresses, passwords and other credentials to identify vulnerabilities in system access.