Businesses fail to prepare as cybercrime surges globally

Cybercrime is now the second most reported economic crime and has affected at least a third of organizations in the past 24 months, yet many businesses are still underprepared, a PWC report has found. According to the Global Economic Crime Survey, cybercrime has jumped from being the 4th to 2nd most reported kind of economic crime, behind … More Businesses fail to prepare as cybercrime surges globally

5 threats every company needs to pay attention to

At ESET Laboratories, we are constantly analyzing and studying how cybercriminals propagate their threats all over the world. Day after day, we receive many different kinds of malicious code created for a variety of purposes. Some are aimed at home users, while others are focused on attacking the business world. Looking back at what we have … More 5 threats every company needs to pay attention to

Average cost of cybercrime rises by 200% in just five years

Cybercrime is costing the global economy up to $450 billion annually, a new report by Hamilton Place Strategies reveals. The paper, entitled Cybercrime Costs More Than You Think, opens by stating that: “In an increasingly interconnected world fueled by the expansion of digital technology, cybercrime has become a big business.” The document finds that the … More Average cost of cybercrime rises by 200% in just five years

Biggest fears of EMEA companies? Malware ranks first

Can you guess the most pressing IT security issue faced by companies in Europe? If you were to put your money on malware infection, you’d be right. According to a series of surveys conducted by ESET at various EMEA security events throughout 2015, 58% of businesses have experienced this kind of incident in the last … More Biggest fears of EMEA companies? Malware ranks first

Businesses increasingly targeted with ransomware

Cybercriminals are increasingly targeting businesses with ransomware, according to a new report. The Online Trust Alliance (OTA)’s 2016 Data Protection and Breach Readiness Guide found that there has been a surge in this type of attack. Ransom demands have also become more market-based, representing a notable shift away from “opportunistic extortion”, the OTA explained. “Much … More Businesses increasingly targeted with ransomware