In the digital economy, data is the most important asset for modern enterprises and a lucrative target for cybercriminals. While the rate of ransomware attacks dropped slightly in the past two years (59% of organizations being hit by ransomware in 2023), it’s no time to let down your guard.
Cybercriminals and ransomware gangs are increasingly targeting backups with an alarming 75% success rate and, in the absence of a secure, immutable backup, 56% of organizations are paying a ransom to recover their data.
Highlights include:
Provided by Cohesity
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Data (Use and Access) Act comes into forcenews Organizations will be required to have an effective data protection complaints procedure and fulfil new requirements for online services that children are likely to use
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Government cybersecurity action plan includes £16 million in fundingNews Cash will go to help startups, scale-ups, and university spinouts, while a new advisory group will aim to improve public sector cybersecurity
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European Commission calls for cyber security proposalsNews With a special focus on healthcare, the Commission is looking to allocate €145.5 million
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Cyber attacks are costing UK firms billions every year – ransom payments, staff overtime, and lost business are crippling victimsNews New research from ESET shows the cost of cyber attacks against UK businesses is surging, with many victims struggling to remediate breaches.
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