5 Takeaways From Cisco’s Big Cybersecurity Report

Companies are still using outdated technology leaving them prone to cyber attacks, security researchers are losing their confidence, and hackers are making millions of dollars through so-called ransomware attacks.

These are some of the findings detailed in Cisco’s annual report on the state of cybersecurity based on research the company obtained from customers, outside security analysts, and its networking devices connected to the Internet.

Here’s five interesting takeaways from the big report:

1. Hackers love ransomware

Cisco’s


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latest security report confirms that recent ransomware attacks on hospitals, universities, and even some utility services, are on the rise. Using a type of malware known as ransomware, hackers can cut access to computer networks and systems and encrypt documents from victims until they receive payment. The report said that 9,515 people

... read more at: http://fortune.com/2016/07/29/cisco-cyber-security-report/