Cyber threats on the rise

Cybercriminals are targeting both IT and physical supply chains, launching mass cyberattacks, and devising new ways to extort money from businesses.

Cybercriminals are intensifying their focus on IT and physical supply chains, escalating the scale and sophistication of cyberattacks to extort money from businesses. The incidents are growing in complexity and cost, posing a significant risk of reputational damage to companies.

  • According to Allianz Commercial, their analysis of cyber damage indicates a substantial increase in cases related to data breaches, with the percentage rising from 40% in 2019 to nearly 80% in 2022 and further significant growth expected in 2023.

 

To counter these threats, companies must prioritize investment in detection and rapid response within their cybersecurity strategy. Mere augmentation of protection and prevention layers is insufficient, as only a third of companies can detect data breaches through their security teams. Leveraging early detection technologies can yield more effective results.

Central European Automation Holding (CEAH) offers expertise in handling challenging aspects of the work for businesses struggling to navigate the complexities of IT security. By delegating these responsibilities, companies can enhance their focus on core competencies, fostering immediate improvements.

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