Cyberattacks A Growing Risk For Czech Companies

Twenty percent of Czech companies were hit with Cyberattacks in 2019, according to a report by The Czech Statistical Office. An increase of approximately 20 percent over 2018. The majority of were DDoS attacks which seek to overwhelm server capacity by sending a large volume of fake requests to servers to force them offline.

Hackers have also often deployed extortion programs that make data or the entire system unavailable and require a ransom for renewal. Nearly a third of large and a quarter of medium-sized companies encountered the unavailability of ICT services. One-fifth of companies faced data destruction or corruption. According to experts, cyber threats are not only attacks from the outside, but also employees of companies are also at risk.

Cybercrime in the Czech Republic is growing by about 20 percent year-on-year. The most severe threats are generally the destruction or damage of company data, which last year affected nearly a fifth of large companies.
Hackers in the Czech Republic primarily target medium and large companies. Hospitals that have recently fallen under the Cyber Security Law and are vulnerable are very vulnerable to attacks. This is a recent case in Benesov, where a blackmail cryptovirus attacked a medical system computer system and prevented, for example, scheduled operations. According to the requirements of the Cyber Act, some companies and institutions are certified according to ISO 27001.

The dramatic increase in cybercrime on a global scale is bringing the popularity of the Internet of Things. Last year, the number of computer attacks on connected devices increased by 600 percent. In the coming years, intelligence and machine learning systems will be increasingly involved in cybercrime protection, which will find application in all segments.