In 2024, the frequency of personal data theft by cybercriminals has nearly doubled, prompting concern from the Dutch data protection authority AP. This alarming trend includes at least 112 reported ransomware attacks, characterized by hackers freezing systems while also copying sensitive data before demanding a ransom. Organizations are addressing vulnerabilities through better backups, prompting criminals to shift focus to data theft for financial gain. The financial impact of these attacks is significant, with average losses exceeding €100,000, and the potential misuse of stolen data can lead to serious consequences for individuals and organizations alike.
In 2024, cybercriminals stole personal data almost twice as often as in the previous year, with at least 112 successful ransomware attacks reported in the Netherlands.
Cybercriminals have adapted their tactics by not only freezing computer systems but also copying data sets, threatening to sell or publish them if ransoms are not paid.
Organizations lose an average of more than €100,000 following ransomware attacks, with costs sometimes escalating into hundreds of thousands of euros for hiring external cyber experts.
Criminals can misuse stolen personal data to send fake messages that closely resemble legitimate communication, enhancing their chances of defrauding victims.
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