According to a report published on Thursday, on an average an organisation in India faces 1,738 cyberattacks each week in the last six months, compared to 757 attacks per organisation internationally.
According to Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies, the most hit industries in India in the last six months were education/research, government/military, insurance/legal, manufacturing, and healthcare.
The ‘Cyber Attack Trends: 2021 Mid-Year Report,’ noted that cyber criminals have continued to exploit the Covid-19 pandemic, which has resulted in a remarkable 93% spike in the number of ransomware attacks worldwide.
Organisations in the APAC region faced the largest number of cyberattacks each week (1,338), followed by EMEA (777) and the Americas (688).
Commenting on the report, Maya Horowitz, VP Research at Check Point Software, said “In the first half of 2021, cyber criminals have continued to adapt their working practices in order to exploit the shift to hybrid working, targeting organizations’ supply chains and network links to partners in order to achieve maximum disruption,”
He added “This year cyber-attacks have continued to break records and we have even seen a huge increase in the number of ransomware attacks, with high-profile incidents such as Solarwinds, Colonial Pipeline, JBS or Kayesa,”
Despite increased law enforcement efforts, the report predicts that ransomware will surge in the second half of 2021.
The report mentioned “Ransomware attacks will continue to proliferate despite increased investment from governments and law enforcement, especially as the Joe Biden Administration makes this a priority,”
The rise of triple extortion, supply chain attacks, and even remote cyber-attacks may have a greater impact on organisations than ever before.
The report mentioned “The triple extortion trend in ransomware now includes not only the original target organization, but also its customers, partners and vendors. This multiplies the actual victims of each attack and requires a special security strategy,”