PYMNTS reports that businesses are facing challenges when it comes to protecting their supply chain.
According to the new NTT Security 2018 Global Threat Intelligence Report released last week by Dimension Data, ransomware has increased its attacks aimed at supply chains within the last year. The study showed 10 percent of global ransomware attacks were targeted against the business and professional services industry.
However, finance and technology remain the most targeted industries by ransomware and account for 70 percent of all attacks in the Americas, PYMNTS reports. The report found that ransomware related incidents responses at financial institutions dropped from 22 percent to 5 percent last year, though.
The report showed that supply chains have become a key target for ransomware attacks, though. Attackers are attempting to reach trade secrets and intellectual property that fill the supply chains.
PYMNTS reported that different jurisdictions had faced different ransomware attacks. Australia was the most attacked, accounting for 26 percent of 2017 ransomware cases. China also topped the list for cyber incidents.
According to the report, there was a 350 percent increase last year, accounting for 7 percent of all malware attacks.