Cyber Attacks target governments, businesses, and individuals.
These attacks can render computer information systems, networks, infrastructures, personal computer devices, and smartphones useless.
Trillions of dollars coupled with valuable data have been compromised by cyber-attacks.
Roughly 72.7% of organizations in 2023 were affected by Ransomware.
Data Extortion was involved in roughly 27% of cyber attacks in 2023.
Data Extortion is executed via data breaches or exfiltration.
Man-in-the-Middle Attacks (MitM)
Another common cyber attack category thats gaining popularity lately is Man-in-the-Middle Attacks.
In a MitM attack, the hacker or attacker positions himself in a direct conversation between two parties.
Unknowingly, a user or an employee ends up giving private information to an unknown perpetrator.
Initially investing in a good threat management strategy can help save a company millions down the line.
According to reliable sources, 37% of companies in the U.S. are planning to increase their cybersecurity spending.
Thats a step in the right direction.
source: www.techworm.net
