Browsing: SMBs

Payment for Ransomware Attacks
  • The 2024 Sophos Threat Report shows data theft is the focus of most malware targeting small and medium businesses.
  • Email attacks have moved away from simple social engineering toward more active engagement.
  • According to the World Bank, over 90 per cent of the world’s businesses are small- and medium-sized organisations.

Cybercriminals are increasingly targeting data in a new trend in the online security space the 2024 Sophos Threat Report has shown.  The report by cybersecurity services firm Sophos sheds light on the dangers faced by small- and medium-sized businesses (SMBs) in the digital landscape.

The 2024 Sophos Threat Report titled “Cybercrime on Main Street” underscores the significant threats looming over SMBs, focusing on the year 2023. According to the report, 50 per cent of malware detected targeting SMBs comprised keyloggers, spyware, and stealers – malicious software designed to steal data and credentials.

Cybercriminals employ these tactics to …