According to the Shields 2021 report from the Spanish agency Exsel, one in five small and medium-sized companies (SMEs) has suffered cyber attacks in the last year. The Exsel agency is the promoter of the CYBER SHIELD, the first cyber insurance for SMEs.
Cyber insurance for SMEs
The report details that more than 300,000 SMEs have suffered cyber attacks during this year 2021, 70 percent more than in the entire year 2020 and more than double than before the pandemic, revealing that the main vulnerability It is still human failures induced by hackers.
If you want to train as a professional in this field, with the Master in Cybersecurity Management, Ethical Hacking and Offensive Security you will aspire to positions Address in the area of cybersecurity and of expert in Informatic security.
Internet fraud
The internet fraud They have become the second most common crime in Spain, ahead of home robberies, and account for 90 percent of the attacks that companies receive.
The report indicates that the social engineering, is directly or indirectly responsible for 95% of cyber attacks, increasing both the number of attacks compared to the last year, which has multiplied by 8, and their effectiveness, this increase being more than 40%.
Increases in cyber attacks due to the pandemic
As we have commented on several occasions, the Covid-19 pandemic has influenced the Up to 2,000 percent increase in cybercrime; due, in large part, to the increase in teleworking, the lack of training for employees and the migration of services to the cloud, thus providing cybercriminals with new opportunities to carry out their misdeeds.
According to the Exsel report, during this year 2021, 9 out of 10 companies have increased your investment in cybersecurity, especially SMEs, with the intention of preventing cyber attacks.
Likewise, the subscription of cyber insurance has grown, a market that is booming due to the new risks that companies face.
All companies are adapting to the “new normal” also in the digital world and this causes the need for new professionals capable of facing new challenges and threats from the most imaginative cybercriminals.
