Cyberattacks are becoming frighteningly common, costing businesses worldwide billions of dollars—and they won’t be slowing down anytime soon. As businesses continue to operate remotely, they need to improve their cybersecurity systems.
The global cybersecurity industry is predicted to reach $20.5 billion by 2030. In this blog, we’ll go over some of the most damaging cyberattacks of all time. If you don’t want to bear the costs of any data breach and cyberattacks, consider VPNgeniX for the best VPN internet security service.
WannaCry Crypto Ransomware Attack
This happened in 2017. WannaCry is malicious ransomware, and it hit all organizations and businesses globally in May 2017. This ransomware infected all the computers and encrypted the data. Then, the cybercriminals demanded ransom payments for decrypting the data. This attack impacted 150 countries, affecting over 200,000 computers.
NotPetya Virus
This next attack was first detected in June 2017. It quickly spread all across the globe, causing multiple businesses to shut down. They were unable to access their files because their hard drives were encrypted. This was a ransomware virus —once people downloaded it, the malware instantly destroyed their data.
While the NotPetya virus hit all businesses regardless of size, Ukrainian organizations were the most affected. They had a popular accounting software, and the virus spread through that. It’s one of the most dangerous cyberattacks in history.
Equifax Data Breach
This data breach was all about identity theft. Private records and sensitive information of almost 148 million Americans, 15.2 million UK citizens, and 19,000 Canadians were compromised. This data breach allowed hackers to access private information like social security and credit card numbers, addresses, and birth dates.
Since this attack impacted credit agencies and customers’ credit reports, it was a lesson for organizations to have essential cybersecurity systems in place. By not using an antivirus with VPN, this data breach made Equifax vulnerable, and customers lost trust in them.
Mirai Botnet Attack
This attack affected millions when it occurred in October 2016. The main target was internet-connected routers, cameras, and other devices. The attackers used these devices to launch each attack—these attacks were coming from worldwide. It affected many devices, causing damages worth billions.
Yahoo Data Breach
This attack on Yahoo took place in 2014, and it was a data breach that affected over three billion users. The hackers easily infiltrated Yahoo’s database and gained complete access to private and sensitive information, which included names, passwords, addresses, and birth dates. It impacted the leading internet company and 500 million customers’ accounts.
Today, more than ever before, businesses need cybersecurity systems and internet security tools. If you’re a small business owner, check out VPNgeniX. Recognized for its premium VPN services, the company is trusted by thousands of clients.
VPNgeniX offers VPN services for businesses, VPN proxy services for Mac OS, and Chrome OS VPN proxy services. You can also check out the company’s blog for the latest VPN trends, techniques, and advancements.