Companies are increasingly dependent on technology to drive innovation and their digital transformation strategies. With people and data everywhere the simple act of being connected - whether it’s through mobile devices, IoT, or other areas - creates risk. And where there is risk, there is opportunity for attack.
When we say your company is under attack, the main targets are people in your company ranging from the CEO and CFO all the way down to the person that works in the mailroom. Email is the number one inbound target with phishing attacks becoming so sophisticated that even the most diligent employees can be deceived. All it takes is for someone to open an email and click the wrong attachment by accident. The majority of ransomware phishing attacks start with a simple website click that downloads the Trojan that’s getting in.
No One is Immune
Many organizations say “Nobody is going to target us. We’re not the focus. They’re not going to come after us.” The fact of the matter is 60 percent of the organizations we’ve researched said they’ve had, on average, at least one attack in the last 12 months. When you take it to the enterprise, it actually moves up to 70 percent.
A few more data points:
- The first half of last year there were 81.5 million ransomware attacks. That’s 229% greater than the year before.
- Damage cost is predicted to be 57 times greater in 2021 versus 2015. When you translate damage in terms of dollars, by 2021, it’s estimated to be $20 billion.
The Importance of Digital Resiliency
Resiliency is really the most important, most valuable property of any organization. And developing resiliency is more essential than ever before due to new cyberattack strategies and how quickly they are escalating and changing.
At its core, resiliency is about being prepared. It’s about being able to respond. It’s having the ability to survive and thrive in an attack. That attack may be cyber. But that attack can also be weather, or a system failure…it could be anything.