How cyber extortion is costing businesses millions in Ireland

Only 43% of Irish businesses regularly update software to address vulnerabilities, research shows
How cyber extortion is costing businesses millions in Ireland

Four in 10 Irish businesses have suffered at least one cyber attack over the past five years.

Cyber attacks are becoming ever more frequent, as thousands of passengers passing through Europe’s airports discovered to their cost last weekend. 

“Cyber attacks often make headlines for the financial losses and technical breaches they cause, but behind those figures are real people here in Ireland — employees, customers, and even whole communities — dealing with the emotional and psychological fallout,” explains Richard Forde, chief technology officer of security firm Integrity 360, with offices across Europe and South Africa.

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