Kevin Underwood and his experts in the field, provide cybersecurity and IT security for businesses. Cybercrime and IT security are more relevant today than you might think and are becoming more and more important as issues in businesses. If possible, those responsible should always stay one step ahead of the dangers and also apply quick measures to reduce potential damage from cyber-attacks. In order for individuals and organizations to be effectively protected, comprehensive security concepts are necessary, as well as good cybersecurity management. Kevin and his partners can help.
Cybersecurity and IT Security
Let’s compare cybercrime with a virus. For cybercrime there are no country borders and closed doors and taboos. The mutations and cleverness of cybercrime are also becoming more and more sophisticated. Cybercrime can happen ANYWHERE people use computers, smartphones and other IT devices – in companies, government agencies, universities, at home and on the road.
Cyber-attacks possible from all over the world
Cyber criminals can launch their attacks virtually from anywhere, in the world. They act more and more professionally and cover their tracks quite well. The location of the crime does not have to be identical to the location of the perpetrator, which does not make matters any easier. More and more computers and smartphones are being affected and infected with malware, for example to steal account data and passwords. But we are also seeing more and more targets being attacked where the potential for damage to those affected is considerably greater. These include, for example, attacks on commercial enterprises or (critical) infrastructure facilities.
Cyber-attacks are becoming increasingly dangerous for companies
Companies assume that cyber-attacks will become increasingly dangerous for them. This is the conclusion of a new Allianz study. This assessment applies globally. In the Allizanzr’s new “Risk Barometer,” cyberattacks rank first among possible threats,. Followed by business interruptions and “legal changes. Climate change ranks seventh among business risks,. In the Asia/Pacific region, which is frequently hit by natural disasters, it is already in third place.
One of the biggest IT threats is blackmail. The perpetrators always use the same method. The criminals use malware known as “ransomware” to encrypt company computers and then demand money for decryption. According to Allianz, the attacks are often well prepared. First, the perpetrators use spyware to spy on e-mails and financial data before installing the encryption software in the second step. One Trojan considered to be extremely dangerous is the malware program “Emotet”, which the Federal Office for Information Security also warns against urgently. “Emotet” spies on confidential contact data and can install other malware such as the “Ryuk” extortion software and the “Trickbot” banking Trojan, which encrypt networks and spy on banking data.
The phenomenon has been known for years, but the attackers are demanding ever higher sums, according to Allianz. A few years ago, the sums involved were between 10,000 and 20,000 euros. Nowadays, sums in the tens of millions are common to be paid to get the data back. In some cases, it can be even more expensive!
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