Report finds that ransom is top motivation for cyber attacks.

PositionCYBERSECURITY - Brief article

As noted on BetaNews.com, a report from cyber security firm Radware, "Hackers & Companies Agree: Data Is Lucrative," reveals that 49% of businesses say they were targeted by cyber attacks in 2016. Of those affected organizations, 41 % claim that ransom was the motivation; 27% cite insider threats; and 26% cite either political "hacktivism" or competitive gain as the motivation.

Additionally, 55% of responding organizations say the Internet of Things (loT) makes detection and mitigation more difficult because of the expanded landscape for attack.

A Radware executive, Carl Herberger, says it's clear today that money is the top motivator in the threat landscape.

Despite such threats, many organizations remain poorly prepared. The report suggests...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT