The growth of cyber security attacks in the last year has led to organisations needing to protect themselves from the everyday hacker. Whether it be just some “script kiddies” who are having a go at trying to gain access to any website which is vulnerable or a targeted email phishing campaign the methods of attack are various. The cost is great.

Ransomeware gangs staged a “major comeback” last year, according to research, with victims of hacking attacks paying out a record $1.1 bn to assailants …
— Dan Milmo, 7 February 2024, ‘Cyber-hacking victims ‘paid out record $1.1 bn in ransoms last year’ (The Telegraph)

Cybercrime Increase

Year-over-year estimates put the growth of cyber attacks to be at about 10 – 15% each year! What plan does your organisation have to protect itself from a cyber attack? (1)

Cybercrime Cost

The cost of cybercrime is projected to reach $10 trillion by 2025 – up from $3 trillion in 2015. What is your organisation’s plan if you were to suffer a ransomeware attack and your data was encrypted? An once of prevention is worth a pound of cure. (2)

Phishing Attacks

Phishing attempts (mainly email phishing but not only) are on the increase. 60% of organisations have reported an increase in targeted phishing emails. (3)

Ransomeware

Ransomeware attacks have increased by 150% in recent years at a great cost to companies and organisations both small, medium and large. (4)

Global Spending

Increased global spending on cyber security spending! Cost will exceed $1 trillion cumulatively over the 5-year period from 2017 – 2021. (5)