A new report from insurer QBE, Connected Business: digital dependency fuelling risk, predicts that organisations will be hit by 211 disruptive and destructive cyber attacks this year.
'As technology interdependencies grow, we expect more cyber incidents to disrupt many companies in a single attack, meaning businesses are more likely to experience a disruptive cyber event,' the authors wrote.
The number of disruptive and destructive cyber attacks in 2020 was 103, indicating a potential 105% increase in just four years.
Malicious actors can also target specific companies to cause greater damage, whether they're extorting ransoms or destabilising geopolitical rivals.
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