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Robotics, AI or company cars – where managers see cyber threats
Robotics, AI or company cars – where managers see cyber threats Image: MS - KI

German and Swiss C-level managers see a need for action, particularly in the home office, to better protect sensitive data there in the future. Austrians believe that smart building technologies are vulnerable. In Germany, company cars are considered important and people are rather skeptical about future technologies. "Boss, what do you think about cyber security?": this is the answer to the large-scale management study by Sophos for Germany, Austria and Switzerland. One part of the analysis examines the question of where C-level managers see an increased need for IT security measures in the company in the future. Bosses in Germany, Austria and Switzerland were surveyed...

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Ransomware: 97 percent of those affected seek advice from the authorities

An enormous number of companies turn to official institutions in the event of a cyber attack. The current Sophos State of Ransomware Report confirms that, in addition to just reporting, many of those affected are also looking for advice or instructions on how to restore their data. According to the annual State of Ransomware 2024 Report, 97 percent of organizations surveyed that were victims of ransomware last year worked with law enforcement or other government agencies. This impressively high percentage applies equally to the global and DACH survey results. More than half (59 percent worldwide and 56 percent in…

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Ransomware: Ransom payments with 500 percent plus
Ransomware: Ransom payments with 500 percent plus MS - AI

This year, ransomware payments have increased by 500 percent compared to the previous year in 2023. While the international values ​​are already high at over 1,8 million euros on average, in Germany they are even drastically higher: over 5 million euros on average. Sophos publishes the global study “State of Ransomware 2024”, according to which the average ransom payment increased by 500 percent last year. In international comparison, organizations that paid ransoms reported an average payment of 1.860.260 euros (US$2 million), up from 372.520 euros (US$400.000) in 2023….

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Cheap or home-made junk gun ransomware  
Junk gun ransomware as cheap software or home-made MS-AI

Cheap and clumsy: Criminals rely on new “homemade” ransomware. Is this the end of professional ransomware-as-a-service – RaaS? Some attackers find the RaaS offerings too expensive or they want to reap all the profits. Now the first ones are appearing as cheap ransomware or so-called junk gun ransomware. Ransomware-as-a-Service has been a lucrative business for a decade and is firmly in the hands of professionally organized groups. But now criminals who don't want the expensive kits can resort to quickly cobbled together junk ransomware. Sophos has the so-called “Junk Gun” ransomware and its importance for the malware market…

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Executive floor: Important cybersecurity does not bring any competitive advantages
Executive floor: Important cybersecurity does not bring any advantages in competition - Pixabay Gerd Altmann

As a survey shows, although C-suites see good cybersecurity infrastructure as extremely important for business relationships, at the same time the majority cannot derive a competitive advantage from it. The DA-CH study in C-level management shows the influence cybersecurity has on companies. Sophos is publishing a new, current part of its large-scale management study “Boss, how do you feel about cybersecurity” for Germany, Austria and Switzerland. The figures that have now been published from this year shed light on, among other things, how C-level management in the three countries assess the influence of cybersecurity in their own company on business relationships. The study is a continuation of a…

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Cybersecurity analysis: What structure does the company use?

The company's organizational structure has far-reaching effects on its cybersecurity. Based on a survey, Sophos examines three organizational scenarios and assesses their effectiveness in cybercrime defense. A dedicated cybersecurity team as part of the IT organization achieves the best results. But not every company has that. Finding trained and experienced specialist staff is one of the major challenges in companies to ensure cybersecurity. Given this discussion, it is therefore particularly important to enable the few available specialists to achieve the greatest possible impact in defending against cyber risks. In this…

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SMEs in sight: cyber attacks on supply chains

Partnerships, services, customer relationships – no organization operates independently. Contracts, compliances and laws regulate cooperation, but what about security criteria? Cyber ​​attacks on supply chains particularly affect small and medium-sized companies, according to the latest threat report from Sophos. In the latest Sophos Threat Report: Cybercrime on Main Street, the security experts report that in 2023 the Sophos MDR team responded increasingly to cases in which companies were attacked via the so-called supply chain, i.e. the supply chain in business and in the IT infrastructure became. In several cases, the vulnerabilities lay in the remote monitoring and management software...

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Why cybercriminals specifically target backups
Why cybercriminals specifically target backups AI - MS

There are two main ways to recover encrypted data after a ransomware attack: restoring from backups and paying the ransom. The attackers also know this and try to deprive companies of a solution by attacking backups. Two problems, same cause: Complete recovery of data after a ransom payment is highly uncertain, because in case of doubt you cannot rely on a promise from cybercriminals. And restoring the data from the backups doesn't work in many cases because the cybercriminals have often encrypted them in order to...

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Dangerous misconception: “We have no IT vulnerabilities”

“We have taken good precautions and I believe that we are well protected.” This often-uttered sentence creates a false sense of security. Although many companies have invested in cybersecurity, they only find out in an emergency whether security resilience actually delivers what it promises in all areas. IT security vulnerability assessments and penetration tests are more important than ever. Studies like the current Sophos Threat Report show that, despite all efforts, there are still too many loopholes for cybercriminals. Almost 50 percent of all malware cases analyzed targeted small and medium-sized companies...

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Report shows SMEs in the crosshairs

Data and identity theft are the biggest threats to small and medium-sized businesses – SMBs. According to the Sophos Threat Report 50, almost 2023 percent of all malware cases analyzed targeted this market segment in 2024. Cybercrime is a challenge for organizations of all sizes, but small businesses are hit hardest and often under the public's radar. Sophos introduces its new Threat Report: Cybercrime on Main Street. This year the focus is on the biggest threats to small and medium-sized businesses (SMEs). Report: SMEs most threatened…

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