Cyber attacks that can lead businesses to terminate themselves or protect themselves from further attacks are spreading rapidly. This is why experts are now referring to these attacks as a “digital pandemic”.

Europe’s leading security service provider, Orange Cyberdefense, has recently shared their Security Navigator report for 2022. This report features research work along with some insights on the system and views from some leading experts based on the cyber threats globally.

As per the report, the ongoing year witnessed almost 95,000 cyber attacks. The number of attacks went up by 45,398 from the previous year. Similarly, in comparison to thirty-seven attacks per month in 2020, the ongoing year is led by almost forty-two attacks. Such attacks that were mostly reported by the victims were based on system malware, network abnormalities (for example, tunneling), abnormalities faced in accounts and getting phished through socially engineered attacks.

According to the statistical analysis, small-scale businesses had the lowest attack rate of just seventeen percent. While dissecting further into the types of attacks, it was observed that almost thirty-five percent were linked with system malware, closely followed by application and network abnormalities with twenty-nine percent, and the least type was found to be account irregularities with just fourteen percent. Though small-scale platforms had the lowest attack rate, in comparison to attacks done in 2020, the numbers have now gone up by almost ten percent. Moreover, according to Orange Cyberdefense, the attack rate increases gradually with the level of business, but in the case of small platforms, they experience thirty-percent more cyber attacks as compared to middle-class businesses. One reason for the increase in attack frequency could be that these types of businesses usually do not invest much in anti-cyber attack software as compared to medium or large-scale businesses. This is why these platforms are more vulnerable to cyber hackers and, as a result, they experienced more attacks this year.

Mid-level businesses, on the other hand, accounted for nearly a third of all reported cyber crime cases. The major portion of these…