Global ransomware attacks surged by 110% at 34 million Year-on-Year

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Ransomware attacks broke a two-year record in September of 2020. According to data analyzed by the Atlas VPN team, there were 34.11 million ransomware attacks detected this September — 110% more than the same period last year when 16.21 million attacks were recorded.

The analysis is based on the numbers provided by the SonicWall cybersecurity threat metrics map. It features data gathered in the first nine months of 2020 and the entire year of 2019.

Ransomware is a type of malicious software that blocks access to a system, device, or file. To regain access, the victim has to pay a sum of money, or in other words, a ransom.

Global ransomware attacks surged by 110% at 34 million Year-on-Year Brandspurng

Overall, there was a 40% rise in ransomware attacks in the first three quarters of 2020 compared to the same period last year. The ransomware attacks grew from 142.39 million in 2019 to 199.75 million in 2020.

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While 2019 saw impressive numbers of ransomware attacks, the number of such attacks registered through Q3 2020 is still 6% bigger than the total number of ransomware attacks recorded throughout the entire 2019.

Over a third (34%) of ransomware attacks launched in the first nine months of 2020 were Ryuk attacks — a type of crypto-ransomware that uses encryption to block access to victims’ systems, devices, or files and demands a ransom in Bitcoin cryptocurrency.

In total, there were 67.27 million Ryuk attacks from January through September of 2020. It is over 13 thousand times more compared to the same period last year when 5,094 Ryuk attacks were detected.

September had the record number of Ryuk attacks, a whopping 19.88 million. In contrast to 2020, there were no Ryuk attacks in September of last year.

North America suffers the most from ransomware attacks

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Ransomware can be extremely damaging to both individuals and organizations who fall into its traps. While ransomware attacks are prevalent globally, some regions are more affected than others.

Read Also:  HERE ARE SOME OF THE RISKS BUSINESS OWNERS IN NIGERIA SHOULD BE WORRIED ABOUT IN 2018

The region that got the biggest shares of ransomware attacks through Q3 2020 was North America, receiving close to 76% (151.33 million) worldwide attacks. The number increased by 124% from the same period last year when 67.67 million attacks were registered.

September of this year was a record-breaking month for the US in terms of ransomware attacks. There were 29.34 million ransomware attacks recorded — 180% more than 10.49 million attacks registered last September.

Global ransomware attacks surged by 110% at 34 million Year-on-Year Brandspurng

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However, the region that saw the most significant surge in ransomware attacks was Asia-Pacific. While there were 1.31 million attacks within the first three quarters of 2019, the number rose by 294% to 5.16 million attacks this year. Ransomware attacks in Asia-Pacific through Q3 2020 make up 3% of total such attacks this year.

In September, countries in the Asia-Pacific region recorded only 380 thousand ransomware attacks. Nevertheless, there was still a 533% increase compared to September last year when 60 thousand attacks were registered.

Finally, ransomware attacks targeting European countries through Q3 2020 make up one-tenth (10%) of total worldwide attacks. However, unlike other countries, European countries saw a 28% drop in ransomware attacks from 26.81 million attacks in the first three quarters of 2019 to 19.23 million in 2020.

September 2020, however, saw an 8% increase in ransomware attacks targeting Europe. There were 3.78 million ransomware attacks registered this September compared to 3.49 million attacks last September.

This indicates that ransomware attack numbers in Europe in 2020 can still surpass last year’s.

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Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand SpurGlobal ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

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Latest News

Oppa Kim Woo Bin arrives in Singapore!

SINGAPORE - Media OutReach - 28 January 2021 - DAEBAK! Fans can now meet the one and only figure of Woo-bin for a limited period, right here in Singapore. The popular Korean actor once again joins his co-star Bae Suzy from "Uncontrollably Fond", but this time at Madame Tussauds Singapore!

 

Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

To celebrate the opening of the Brand new K-wave zone at Madame Tussauds

 

The world famous wax attraction brought in Kim Woo Bin to celebrate the opening of their brand new K- wave zone, which opened today to the public. Fans can gather around some of their favourite Korean stars, while snapping Insta worthy shots in front of iconic Korean themed sets.

Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

 

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The eyecatching Cherry Blossom tree takes center stage in the new zone. With cherry blossoms that change colour, this is the perfect spot to bring your date for #couplegoals pics. Missing Korea as much as we do...we've got you. Wander away and pose in front of the hanoks with Kim Woo Bin. Or shoot your boomerangs in front of the pretty cherry blossom flower wall and inspire your friends on where to shoot their next OOTD.


Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur 

Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

 

Madame Tussauds Singapore is based at Imbiah Lookout. Come and enjoy the brand-new K-wave zone with the SingapoRediscovers Vouchers. Visit the family fun attraction and get 5 experiences for only 1 ticket. For more information on how to redeem these vouchers and to know what the 5 experiences are, please visit our website www.madametussauds.com/Singapore.


Twitter: @MTsSingapore
Instagram: @MTsSingapore
Facebook: @MadameTussaudsSingapore Hashtag: #MadameTussaudsSG


For high res images: Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spurhttps://www.dropbox.com/sh/khx2r1v9o12bn1m/AADTz9_nBt9DK7i3gnm1cNeQa?dl=0


Madame Tussauds

The ultimate celebrity experience and the world's best known and most popular wax attraction. There are currently 23 Madame Tussauds attractions around the world. Each of the attractions is unique and tailored to the host city and visitor demographic to feature both local as well as international figures.

The result of 200 years of expertise and painstaking research every figure takes Madame Tussauds' gifted sculptors a minimum of three months to make, and costs more than $300K (Singapore dollars). Most contemporary figures are also produced following sittings with the celebrities themselves.

Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

SugarCRM Launches SugarPredict to Take the Guesswork Out of Sales with AI for All

CUPERTINO, CALIFORNIA - Media OutReach - 28 January 2021 - SugarCRM Inc., the innovator of time-aware CX, today announced the launch of SugarPredict, the first data-fueled AI for CRM. SugarPredict delivers new levels of prediction accuracy without the time, cost, and technical expertise typically required for companies to take advantage of AI.

 

Fifty-two percent of sales leaders say their CRM is costing them lost revenue, according to new research from SugarCRM that examines the lack of customer visibility that plagues most companies. The quality and consistency of the data entered by CRM users can create challenges for basic AI systems. SugarPredict takes a different approach by enriching customer data with additional attributes that results in more comprehensive and consistent AI models. SugarPredict provides accurate predictions, even with limited first-party data, while diligently guarding the privacy and security of company and customer information.

 

"AI can solve a number of sales and marketing barriers today, putting it at the heart of CRM," said Paul Greenberg, president of the 56 Group and author of CRM at the Speed of Light. "Sales teams that lean into AI-powered CRM can take advantage of the lead insights and opportunity models that give them a significant competitive advantage." 

 

As the first of many SugarPredict-powered capabilities in Sugar Sell, the technology is being used to take the guesswork out of lead prioritization, lead Ideal Customer Profile (ICP) alignment, and opportunity-to-close-won scoring. SugarPredict analyzes historical account, deal, and company data to accurately predict which leads are most likely to become customers. Lead scoring is based on similarity to historical conversions (converted leads or closed-won opportunities), while ideal customer profile matching identifies leads that are similar to a company's past and current customer bases.

 

"SugarPredict helps companies replace a fragmented, out-of-date, and incomplete picture with a sharply focused understanding of both their customers and business," said Craig Charlton, CEO of SugarCRM. "We've made significant product investments, over the last year, to democratize AI to drive business performance and enable predictability for companies of all sizes."

 

"Like many companies in the manufacturing business Bishop-Wisecarver is always looking for ways to work smarter and faster than the competition", said Niegel Leoncio, CRM Manager for Bishop-Wisecarver. "We are excited about the launch of SugarPredict, which places the power of AI into the hands of sales and service teams so they can drive better results and a better customer experience."   

 

SugarPredict leverages Sugar's time-aware CX platform which provides a full historical record of all change events related to customers and customer-facing processes. SugarPredict for sales force automation, marketing automation, and customer service applications is based on technology from last summer's acquisition of Node.io. SugarPredict is free for Sugar Sell customers and will roll out to Sugar Market and Sugar Serve customers later this year.

 

Learn more about SugarPredict here.


About SugarCRM

SugarCRM's time-aware sales, marketing and service software helps companies deliver a high-definition (HD-CX) customer experience. For mid-market and enterprise companies that want  a CX-driven platform, Sugar gives teams the time-aware customer data they need to achieve a clear view of the customer and reach new levels of business performance and predictability, and increase customer lifetime value.

 

More than 4,500 companies in 120 countries rely on SugarCRM. Based in Silicon Valley, SugarCRM is backed by Accel-KKR. 

Global ransomware attacks surged by 110% at 34 million Year-on-Year - Brand Spur

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