Business

Sponsored: Ransomware is the biggest cybersecurity threat facing the world

Ransomware is the biggest cybersecurity threat facing the world today, with the potential to significantly affect whole societies and economies – and the attacks are unrelenting.

06 December 2022

Donna Mostert, Huawei Line of Business Manager, Mustek

Once a ransomware data breach occurs, a company’s data is at the mercy of hackers, but a company can easily get its data back using a backup (if backup software was installed before the attack). However, hackers have gotten wise to this, and have adapted their methods by including a threat to not only encrypt stolen data, but leak it to competitors or sell it on the black market.

In 2021, 77% of ransomware attacks included a data leak threat. The world has continued to see high-profile ransom attacks, and the attacks are showing several significant trends as they evolve.

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