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Home Luxembourg

Luxembourg businesses facing ever more cyberattacks

October 22, 2024
in Luxembourg
Luxembourg businesses facing ever more cyberattacks
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Data released Monday by cybersecurity company Check Point indicates that companies and organisations around the world faced a 75% increase in cyberattacks during the third quarter of this year, which is a record increase between quarters. 

The spike was even more pronounced in Luxembourg, where organizations saw an average of 1,446 cyberattacks per week in the third quarter, an increase of 82%. The financial and banking sector was the most targeted, with an average of 723 attacks per organisation per week.

Also read:What is ‘fake president fraud’?

Worldwide, education and research is the sector most targeted by attackers, with the problem most severe in Africa, followed by Latin America and Europe. 

Luxembourg companies most commonly face attacks on software to give unauthorised access to sensitive data, as well as malware hidden in fake updates distributed on the web or by email. 

Worldwide, attacks are most commonly carried out by criminals imitating trusted brands like Microsoft, Apple and Google.  

Check Point Software Technologies, which compiled the data, provides AI-based, cloud-hosted cybersecurity platforms to over 100,000 businesses worldwide. The Israeli-American company was founded in Tel Aviv in 1993. 

Also read:Luxembourg banks prepared for rising cyber attack threats

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Publish date : 2024-10-21 08:02:00

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