Friday, June 16, 2023

Cyberattacks and data breaches in Europe: A wake-up call for small and medium-sized businesses everywhere

There were a lot of high-profile attacks in 2023 so far, which shows that businesses of all kinds need to be proactive about security. An estimat3ed 41.9 million records in Europe were compromised. This included a bold attempt to hold Ferrari for ransom, an attack on a Central European broadcaster that was motivated by politics, and a cyber incident that disrupted up a big pharmaceutical supply chain in Spain.

Ferrari does not give in to cyber pressure.

A computer attack happened recently against Ferrari, which makes high-end cars. Several IT systems were hacked, and the names, addresses, emails, and phone numbers of customers were made public.

Even though it's not clear how many people were affected, Ferrari's CEO, Benedetto Vigna, tried to calm the situation by saying that no private financial information or information about who owned the cars was involved. Strangely, the attackers asked for a ransom, but there's no proof that ransomware was used to encrypt Ferrari's systems.

In a statement, Ferrari said, "We will not give in to such demands because we do not want to help criminals." Ferrari did the right thing by letting its customers know about the possible data leak.

The way Ferrari handled this cyber event should be a model for small and medium-sized businesses (SMBs): they didn't give in to cyber threats and took steps to let customers know as soon as possible. It also shows how important it is to work with a reputable IT service company that focuses on security if you want to keep your systems strong.

Russian hackers are going after Skylink.

A Russian hacker group used a DDoS attack against the Central European TV station Skylink. This caused problems with the website and online broadcasts, so customers couldn't use its digital services.

A DDoS attack sends too many data packets to a computer, causing it to crash. Usually, this isn't about stealing data, but rather about causing trouble, which is often done for political reasons. Given that Russia's ties with the Czech Republic and Slovakia are tense, this attack could probably be seen as a cybercrime with a political goal.

Small and medium-sized businesses (SMBs) should see this as a clear sign that cyber risks can be caused by more than just money. This shows how important it is to protect all digital assets with thorough security steps.

Alliance Healthcare is having trouble with its supply chain.

A cyberattack on Alliance Healthcare, a major pharmaceutical supply company, caused a lot of trouble for pharmacies all over Spain. This event showed that supply chain attacks on key sectors are becoming more likely.

The attack went on for more than two weeks and had a big impact on Alliance Healthcare's supply systems, slowing down or even stopping some areas. The cyber event did not have a big effect on patients, and personal information was not at risk. But the attack was a big problem for Alliance Healthcare because it hurt their image and cost them a lot of money.

This event shows how important strong cybersecurity steps are in the supply chain, especially for SMBs. Having your business work with an IT service company that puts security first can help protect it from these kinds of cyber threats.

Cyber dangers are getting bigger and smarter. It shows that companies need to invest in strong security infrastructure. Partnering with an IT service company that puts security first is one of the most important things you can do to protect your business from these kinds of threats.

Contact Nextworks today for a free cybersecurity assessment.





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