A Freedom of Information (FoI) request by ProLion has revealed that nearly half of London’s borough councils (42%) have taken preventative action to counter ransomware, with four (12%) confirming they had been either impacted, or targeted by ransomware, but did not pay a demand.
Cashflow, operations, customers and reputation can all take a hit with ransomware and now its hitting OpEx too. Insurance broker Aon has reported that from April to mid-May 2021 insurance premiums have leapt 27% from the same time in 2020.
With the frequency of cyber breaches linked to the Covid pandemic on the rise, businesses need to proactively prepare for a potential breach focusing on the cause, not clearing up the mess once it has happened
The Colonial Pipeline ransomware attack is a new and devastating kind type of threat against critical infrastructure. It is not just the financial and operational impact on the business, it is an attack that has directly impacted millions dependent on oil and gas delivery.
A recent report which has found that the overall proportion of businesses targeted by cyber criminals in the past year has increased to 43 percent up from 38 percent has laid bare the double whammy impact of the Covid pandemic
ProLion, a leader in proactive ransomware and data protection solution for ONTAP storage, is set to target the global market for ransomware protection as it launches its international expansion program