Credential theft via email phishing has become a widespread problem, the COVID-19 pandemic has exacerbated the issue. Users often reuse credentials across multiple systems, meaning stolen credentials can be used to break into corporate email systems or other assets, placing both individuals and organizations at growing risk.

29% of corporate security breaches involve the use of stolen credentials.

The profitability of ransomware is flourishing due to the simplicity of its business model and the ease of use of its operating model.

Ransomware can have an overwhelming impact on businesses of all sizes. Personal and corporate data, network share files (hosting sensitive employee data, intellectual property or customer data), and all other valuable content can be taken hostage by ransomware.

The Information Commissioner has the power to issue a monetary penalty for an infringement of the provisions of Part 3 of the Act – Law Enforcement Processing.

The standard maximum amount is £8.7 million or 2% of the total annual worldwide turnover in the preceding financial year, whichever is higher. However, a higher maximum does exist which is £17.5 million or 4% of the total annual worldwide turnover.

Data exfiltration jumped 20 percent during Q4 2020, now occurring in 70 percent of all ransomware attacks.

Ransomware threat actors are increasingly leveraging email phishing as the leading entry point in these destructive attacks.

Given business is built on trust, it’s easy to see how a Phishing attack can cause business disruption.

The financial cost of remediation, the widespread reputational damage, impacted investor confidence and interruption of critical infrastructure & services, meaning employees are unable to carry out day-to-day tasks are a few examples of the impact to an organisation.

Why Choose NCL?

For over a decade, we’ve developed a strong reputation amongst our customers and partners for consistently delivering services which help businesses perform optimally and securely. This is why the relationships we’ve developed over the years have become long-standing and deeply trusted.

We’re very proud to have provided continuous IT support to the MoD for over 12 years. This length of service is a testament to the trust the MoD place in our people to deliver results, time and time again. Today, we provide situational awareness of the MoD’s globally-deployed application performance while assisting in troubleshooting issues and collaborating with other delivery partners to solve problems faster.

The lessons we’ve learned in Defence are applied to our engagements with customers in the enterprise sector too, ensuring robust network and cyber management for medium to large scale organisations. We use our long-standing experience in end-to-end performance management as a foundation for all of our services, so we can better define a customer’s complete requirements and deliver a more effective solution, whatever the field of technology. Offering market-leading technology and trusted managed services from ‘Floodlight’ - our own UK sovereign SOC, we work closely with customers in Driving Digital Vigilance across industry sectors.