The latest in cyber innovations are a cause for concern

In the second quarter of 2021, companies were fending off each month on average around 5000 malicious events. This represents a jump in blocked attacks of around 30 percent quarter on quarter and an increase of 40 percent in average blocked volume, with companies based in America and Europe, Middle East and Africa defending against twice as much volume compared to Asia Pacific. 

Numbers like this are never easy to swallow and remind us that malicious actors are organized and full of intent. While many would assume the attacks are designed to steal money, that is only part of the picture. In May and June, hactivist groups motivated by political ideologies caused problems for government and financial services companies in Brazil and the Middle East. 

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