Cybercrime is a booming business, inflicting damage to businesses estimated at $3 trillion per year and growing to $5 trillion by 2024, according to a recent report by Juniper Research. Cyberattacks are a costly business nightmare, resulting in profit-sapping downtime, lost revenues, brand damage, stock price losses and regulatory fines.
Of the many malware types out there, ransomware is currently the most notorious cyber threat, growing by 195% in Q1 2019. It has dominated headlines with high-profile, costly attacks, most notably on the manufacturing, healthcare, local government and education sectors.
Of the many malware types out there, ransomware is currently the most notorious cyber threat, growing by 195% in Q1 2019. It has dominated headlines with high-profile, costly attacks, most notably on the manufacturing, healthcare, local government and education sectors.