Ransomware attacks American and British companies 3.5 times more often

The ransomware attacks are progressively on businesses in the US and the UK. However, study has shown that even this would not contribute to expanded cyber exercises by organisations.

Company administration and information technology providers are not interested in cyber operations

Many companies only perform emergencies exercises once a year, and most of them do not even invite non-IT workers. These details were released after a review by Osterman Science and Immersive Laboratories. More than 400 American and British businesses had staff in information technology agencies.

As a consequence, 40 % of respondents do not think they can deal with a situation that threatens a serious data breach. Anti-crisis activities are performed in every fourth sector without the intervention of top ISO management teams and in 59%-without the participation of the management of the enterprise. Half of the respondents also noticed that the development of anti-crisis plans in the event of an attack did not affect specialists in different areas of the company’s sector. Where such control exists, there are no more than once a month meetings with stakeholders.

Companies in the US and UK are facing an increasing number of ransomware attacks. 

It is not shocking in this respect that 42% of survey participants reported that their businesses do not have a standard team-based crisis management preparation procedure. In addition, an attack is simulated once or twice a year in a third organisation. In 80 % of the cases public relations workers in 90% of the client facilities are not interested in cyber assignments.

Ransomware attacks during the pandemic rose 1,5 times

Osterman Research and Immersive Laboratories researchers stress another essential aspect of American and British market psychology: the existence inside the enterprise of the cyber response strategy provides reassurance to the management of the corporation. In addition, 61 percent of the respondents think it is the most successful method of avoiding hackers to draft such a strategy. The solution strategy is 40 percent more critical than the cyber war.

When American and Britain information security professionals speak about the plan to fight cyber hackers, they emphasize the fact that they need to buy more solutions to security information, 60 percent replied. The participants also mention the high expense of cyber-training: they each expense organizations an average of $30,000 and some had to spend up to $50,000.

The most popular situations in cyber warfare remain data leaks, phishing and ransomware assaults. Because of the latter ‘s strong development, UK and American companies have admitted that there has been a spike of 365% from the same time in 2018 in ransomware attacks in Q2 2019. This utter number of assaults was much more impressive during the duration of the pandemic. An extra 148% rise.

“The working environment and increasing reliance on the use of personal equipment opened the door to a rise in cyber criminals’ activities in the first half of 2020,” said Mikhail Rodionov, Fortinet’s regional director in Russia and CIS countries. “Ransomware also persists and even is targeted, according to FortiGuard Labs’ study on the security threat environment. In comparison, in a variety of attachment campaigns feature posts and attached documents meant to be correlated with the coronavirus were used as bait. Internet-borne malware has been the most common source of phishing and fraud goods. This attack vector uses e-mail as the first means of breaching the security barrier of the organization and has been famous in a long time for the first time. Attacks and hacking efforts are unavoidable, as you realize. Organizations should then concentrate their energies on establishing an information management policy