Mastercard

May 6, 2024 1 min read
Mastercard

During the COVID-19 pandemic, Belgium experienced a significant increase in cybercrime, with businesses facing up to three times more cyberattacks compared to the pre-pandemic period. Mastercard's analysis revealed that malware, ransomware, and social engineering were the predominant forms of attack targeting Belgian businesses, aiming primarily to extract information. Notably, almost 1,000 Belgian businesses suffered cyberattacks in 2021, highlighting the critical importance of cybersecurity measures. The banking sector, however, demonstrated robustness with a higher cybersecurity score than the global and European averages, attributed to heavy investment in infrastructure and artificial intelligence tools for improved protection. This scenario underscores the relentless threat of cybercrime and the vital need for comprehensive cybersecurity strategies to safeguard businesses from potential attacks.

Source: https://www.mastercard.com/news/europe/en/newsroom/press-releases/en/2022/january/mastercard-reveals-record-levels-of-cybercrime-in-belgium-during-the-pandemic/

"id": "mas914050624",
"linkid": "mastercard",
"type": "Ransomware",
"date": "01/2022",
"severity": "N/A",
"impact": "",
"explanation": "N/A"

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