Ransomware attacks continue to focus on small and medium businesses (SMBs), according to a 2019 Datto survey. Companies are now more exposed than ever, and the trend shows an increase in attack frequency if organizations continue to shirk online security measures.
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The majority of employees receive no social engineering awareness training, leaving them vulnerable to phishing and other types of social engineering tactics. Knowledgeable employees, research shows, are the first line of defense for a modern company.
Companies should pay a lot more attention to insider threats when they establish a strategy to keep their data safe. It turns out that more than half of data breaches can be attributed to employee actions and not outside forces.
Just like people, companies need to safeguard against online attacks, but the stakes are much higher. Corporate strategies vary, depending on the activity, but one thing is certain – they can’t pretend online threats are unimportant.
While the FBI steps up its fight against ransomware, new guidelines leave a bit more room for companies that choose to pay, although the bureau says it’s still essential to notify authorities as soon as an attack takes place.
Even among the Fortune 500, few companies take cybersecurity seriously enough to dedicate resources to it, including appointing a chief information security officer (CISO), a new study from security broker and mobile security company Bitglass reveals.