The incidence of cyberattacks globally increased by 125% in 2021 compared to 2020, posing a serious threat to businesses and individuals alike. Phishing continues to be the most prevalent form of cybercrime worldwide and is expected to continue this upward trend into 2022, showing that cybercrime is becoming more prevalent worldwide.
There was a report in 2021 that around 323,972 internet users were victims of phishing attacks, covering nearly half of all the individuals who were affected by data breaches. During the peak COVID-19 pandemic, around 220% of complaints of phishing were reported, further escalating cybersecurity risks.
Nearly one billion emails were exposed as well in 2021, which has affected approximately one in five users of the internet, with approximately 60 million emails being exposed. The constant exposure of sensitive information may have contributed to the prevalence of phishing attacks, which reinforces the importance of enacting stronger cybersecurity measures to reduce the risk of such attacks.
There have been numerous instances where criminal groups have deployed ransomware to disrupt business operations for extortion.
They have recently included threats concerning the exposure of their stolen data in their extortion strategies.
Now that this method is regarded as a standard practice, it has resulted in a significant increase in
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