"It's clear that ransomware and other cybercrimes have escalated considerably in the past year. Bad actors are targeting everything from critical infrastructure to the corner store," said Joshua Motta, CEO and co-founder of Coalition. (Credit: Shutterstock.com)
Small and micro businesses are increasingly being targeted by cybercriminals, according to Coalition, Inc., which reported that 2021 has seen a 57% increase in the frequency of attacks against enterprises with fewer than 250 employees.
Additionally, small through midsized businesses (fewer than 1,000 employees) are more often impacted by and vulnerable to attacks, according to the cyber insurance and security provider, which noted these companies account for 70% of ransomware attacks.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
