COVID19 is presenting not only a physical threat but the biggest Cyber Security threat as well. The arrival of novel coronavirus disease 2019 or COVID19 that originated approximately in December 2019 has had drastic impact to all sectors of the world, both physically and digitally.
The entire world went into the lockdown on the fear of the global COVID19 virus spread, which led to a drastic increase in the dependency on digital communications. Businesses and public-sector organizations enforced “work from home’ arrangements. Educational institutions at all levels transitioned to online classes to avoid mass gatherings.
At the same time, malicious attackers capitalized on this opportunity exposing vulnerabilities in general public and corporate infrastructure. Governments, small and big businesses, municipalities, individuals, sick and healthy, everyone can be a potential target.
The cost of ransomware is on the rise, and Cybersecurity Ventures estimates that the global costs will reach $20 billion by 2021. This is an increase from their estimated damages of $11.5 billion in 2019 and $8 billion in 2018. Attackers are getting smart. They are getting opportunistic looking for target words, protected files, passwords uses, and other defining opportunities to activate for maximum gain. Infected systems are not activated immediately making them harder to detect. These silent sleeper models were previously unheard of in the private sector and require a different kind of approach to deal with during these COVID19 times. Undernet has the resources and know-how to address these conditions before they become problems.
It is estimated that ransomware attacks target businesses every 11 seconds !! Let us help you get and stay prepared. If you are already under attack or negotiating terms, we have years of incident response and cyber security expertise to help. Our domestic and international specialists are ready to assist in protecting your business and your reputation.