Cyber-attacks accounted for 80% of the crimes committed in the continent of Europe in the year 2020, compared to 70% of the total crimes in 2019.
Crimes linked to ask ransom accounted for 32% of cyber-attacks.
This percentage of crimes is more than double the number of crimes committed between 2016 and 2020 (14%). In general, electronic security accidents in the continent of Europe increased by 8% in 2020.
The global cyber-security company “Kivu” monitored the variables associated with electronic crimes in the year 2021″ based on the indicators recorded in the electronic security field committed in continental Europe between 2016 and 2020, according to the Spanish newspaper “Future”.
The “Kivu” report notes that with the spread of the Corona pandemic in Europe during March and April 2020, cybercriminals have exploited social interest and the need for information about Corona to engineer a wave of objective attacks, combining well-established tactics and malware.
Jean Payon de la Tour, President of Marsh Cyber Continental Europe noted that cyber-attacks and ransom-asking crimes, in particular, are becoming increasingly malicious as cybercriminals look for weaknesses in a corporate protection scheme alongside inherent vulnerabilities. In the human condition, it’s like curiosity. It’s simply not a question of whether or not the company is going to be attacked.”
For this reason, de La Tour advises creating contingency plans and protocols, and create effective incident response teams that can be quickly activated to manage a crisis. Payon added that while cyber security and cyber readiness are the first lines of defense, cyber insurance can help mitigate an incident, helping to restore business after a system outage, thus increasing resilience.