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While cyberattacks on small and medium-sized businesses (SMBs) may not always make the headlines, they pose a severe threat, impacting the lives and work of countless professionals and the people they serve. These attacks often have more devastating consequences on SMBs since they typically lack the backup services and risk mitigation tools that larger corporations [...]
In the context of increasing importance of cybersecurity, the IBM Cost of a Data Breach 2024 report highlights a concerning reality: the average global cost of a data breach has risen to $4.88 million, marking a significant increase from last year’s figure of $4.45 million. This is also the largest increase since the COVID-19 pandemic [...]
The Asia-Pacific (APAC) region is facing an increasingly complex and volatile cybersecurity landscape. Recent reports, including FS-ISAC’s “Navigating Cyber 2024” and various cybersecurity studies, highlight a dramatic rise in cyberattacks. These attacks are becoming more frequent and sophisticated, driven by advanced technologies such as Generative AI (Gen AI) and quantum computing. This comprehensive overview will [...]
In the rapidly evolving era of information technology, ransomware threats have become increasingly common and complex. Ransomware attacks not only result in financial losses but also disrupt business operations and damage organizational reputations. According to a survey of 5,000 IT professionals from 14 countries revealed that 59% of businesses have fallen victim to ransomware attacks. [...]