Widgetized Section

Go to Admin » Appearance » Widgets » and move Gabfire Widget: Social into that MastheadOverlay zone

European businesses afraid cyber espionage will rise.

SBDH Malware Used in Cyber-Espionage Campaign in Eastern Europe. This photo shows the SBDH's data exfiltration filtering system - Photo credit to Softpedia News

SBDH Malware Used in Cyber-Espionage Campaign in Eastern Europe. This photo shows the SBDH’s data exfiltration filtering system – Photo credit to Softpedia News

With the elections in many European countries this year, European businesses are increasingly afraid that cyber espionage will rise. Dread of criminal intrusion and malicious interference has become a popular source of angst in the wake of last year’s US presidential election, when Russian groups were accused of attempting to manipulate the result.

According to research conducted by Trend Micro, 36% of businesses in Italy, 34% in France, 20% in Germany and 17% in the Netherlands ranked cyber espionage as the top threat to their security. The survey sought the opinions of 2,402 enterprise IT decision makers across Europe and the US.

This result is quite surprising given that the most common type of attack in the last year was ransomware – 78% of respondents reported being hit by ransomware in the last 12 months at least once – compared to cyber espionage, which was reported by only 15% of businesses. Read article here