August 28, 2019
#1 “The Ransomware Heist”
UK mid-sized law firm hit by ransomware attack, £2 million ransom paid.
Previously thought of as a mass market attack, there’s been a significant shift towards more targeted ransomware attacks where cyber criminals invest time to stake out victims and identify business-critical files making the legal sector a highly attractive target due to the volumes of data, sensitive information, financial responsibility and authority they hold.
Your business doesn’t need to be a multinational or household name to fall victim to an attack. Many people make the mistake of assuming that their business is “too small” to be a target. In fact, it’s quite the contrary:
“Small and Mid-sized businesses in the UK bore the brunt of the £17bn cost of cyber attacks in 2018, according to research from business internet service provider (ISP) Beaming.” Hackers have discovered that it’s often the smaller organisations that are easier to get into as hackers discover it’s a quicker, easier way in.”
Even for the IT-savvy, navigating the mass of security information and technology solutions can be a daunting task, but becoming cyber secure doesn’t need to be as challenging as it may appear. It starts by identifying and prioritising your risks to so that you can build a solid foundation for improvement.
Related Articles:
- Significant threat from targeted ransomware attack, warns NCSC
- Phishing Statistics 2019 – The Shocking Truth
- Red Teaming: How can it save your business?
- The 8 most common types of cyber attacks explained
- Human Hacking: A guide to social engineering
- Pros and cons of outsourcing your cyber security: In-house or Managed SOC?