Cybersecurity has become a great problem for businesses in recent years. The main areas of concern are malware, hacking and ransomeware.
There were 5.4 billion (yes, billion) identified malware attacks in 2021. (Source: SonicWall). Back in 2016 Panda Labs stated that in just the third quarter of that year, some 18 million new malware threats were identified by one company. Six million a month – see how that has grown over a period of just six years to 2021! Malware grows day by day and is constantly evolving in order to bypass many standard levels of anti-virus and other means of protection.
More than 70% of blogs are vulnerable to the most simple hacks and currently about 30,000 websites are hacked every day (Source: PatchStack). This figure is up from about 60 a day back in 2016! And remember – these are just the hacks that were reported; the true figure is likely to be much greater.
The other major threat to your website is ransomware attacks. In 2021, 37% of all businesses and organisations suffered ransomware attacks. Not all attacks were successful, but where they were, the average ransom demand was $220,298 — up 43 percent compared to 2020. For the smaller businesses ransoms of as little as four or five thousand dollars have been demanded while multi-million dollar demands are regularly made to the big corporate bodies.
Of all ransomware victims, 32 percent pay the ransom, but they then get on average only 65% of their data back – primarily because some files were corrupted beyond repair during the attack. (Source: CloudWards).
In 2022 there were some 15,800,000 ransomeware attacks. That is 43,000 per day or one every two seconds. (Source: Comparitech).
Only 57 percent of businesses are fully successful in recovering their data using their own backup. Source: CloudWards
Ransomware attacks are, and will continue to grow exponentially because in the vast majority of cases they are automated. Bots crawl the web 24/7 and attack vulnerable sites. The creator just sits back or gets on with the rest of his life while the bots are out there doing his dirty work. And now some are even licensing their creation for use by others, in return for the lion’s share of the ransom.
All very worrying, isn’t it?
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Please note that, throughout this website, all prices are given in US dollars.