As a result of the first half of 2017, global damage due to cyberattacks, including the costs of eliminating consequences and loss of productivity, reached 4 billion US dollars, experts at Trend Micro. Experts noted the growing number of cases of cyber-extortion, phishing attacks such as Business Email Compromise (BEC), targeted at business users, as well as IoT-hacking, the Economic Times reports..

In January-June 2017, Trend Micro registered more than 82 million threats using malicious software for extortion (ransomware), as well as more than 3,000 attempts to BEC attacks. In this regard, experts recommended that enterprises primarily allocate funds for the creation of an effective protection system, since the consequences of hacking are costly for companies and often exceed their budget.

In April and June, WannaCrypt and Petya virus-encrypting viruses attacked thousands of companies around the world. According to the FBI, phishing attacks with the compromise of corporate e-mail have increased the total amount of global losses to $ 5.3 billion.

Trend Micro was also warned that attackers are increasingly attacking IoT devices, and that hacking industrial robots can result in huge financial damage and loss of productivity.

In addition, experts noted the growth of abuse of social networks, the dissemination of propaganda and false information, which can also lead to serious financial consequences for business.