In the past 12 months, around three-quarters of organizations reported being hit by a ransomware attack, and 38 percent were hit twice, according to a survey from Barracuda Networks, Inc., which reported that email was the starting point for 69 percent of companies hit by ransomware. For organizations with more than 250 employees, 75 percent of ransomware attacks were started via email.
As companies leverage more advanced threat protections, hackers have become more reliant on social engineering tactics such as phishing for users' credentials, Barracuda Networks reported. Comprised accounts then become the channels through which malicious actors use to navigate inside a company's system undetected.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.