Cybercrime Threats Surge in Poland’s Finance Industry as Attacks Reach Crisis Levels
Growing Demand for Innovative Cybersecurity Solutions
Polish companies and institutions are increasingly becoming the target of hackers, with cyber-attacks happening every nine minutes last year, according to Noventiq, a global provider of IT solutions. As a result, there is growing demand from both the public and private sectors in Poland for innovative cybersecurity solutions.
Widespread Attacks Across Industries
The problem is not limited to private companies alone, as:
- Hospitals
- Medical institutions
- Banks
- Government agencies are also being targeted by cybercriminals.
Following Russia’s invasion of Ukraine in February 2022, Poland has become one of the most attacked countries in Europe, ranking sixth on the continent in terms of cyber threats.
Surge in Attacks on Public Institutions
The frequency of attacks on public institutions has seen a significant surge:
- From 1214 per week to 2316 per week in October 2022 alone.
- The public utility sector is particularly vulnerable, experiencing twice as many attacks as average for such institutions.
Experts Predict Worsening Situation in 2023
Experts predict that the situation will worsen in 2023, with cyberattacks on critical infrastructure expected to increase in sectors such as:
- Gas
- Energy
- Public transport
- Healthcare.
The most significant trends in cybersecurity are likely to be:
- Ransomware
- Attempts to infiltrate through popular open-source application programming interfaces (APIs), which have become a new vector of attacks.
Seeking Cutting-Edge Cybersecurity Solutions
The Polish government and private sector partners may find it beneficial to seek out cutting-edge cybersecurity solutions from US companies. This could help improve their cyber security infrastructure and readiness in the face of growing threats.
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