Intelligent CIO LATAM Issue 10 | Page 23

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ONE IN FOUR BRAZILIAN COMPANIES SUFFERED CYBERATTACKS LAST YEAR

A study carried out by BugHunt with more than 50 companies in Brazil shows that phishing ( 28 %), viruses ( 24 %), ransomware ( 21 %) and vishing ( 10 %) were the most reported attacks .

The restrictive measures imposed by the COVID-19 pandemic and the resulting digitalization of work routines – a process that was , for the most part , not well planned – were some of the main factors that led to the increase in cyberattacks in Brazil .

According to the 1st National BugHunt Information Security Survey , conducted by BugHunt – the first Brazilian Bug Bounty platform – 26 % of Brazilian companies have suffered cyberattacks in the last 12 months . Phishing ( 28 %), viruses ( 24 %), ransomware ( 21 %) and vishing ( 10 %) were the most reported occurrences in the period .
The increase in the incidence of threats and digital attacks has improved the approach of many companies in relation to information security .
organizations , such as private companies and government agencies , to quickly migrate to online systems . Remote work allowed millions of people to work from home and have daily access to corporate environments from home networks .
The study included 58 Brazilian companies – most of them in the technology sector – with more than 10 years of experience in the market .
Information security and the impacts of the pandemic
The restrictive social measures imposed by the COVID-19 pandemic have caused several
Caio Telles , CEO , BugHunt , said : “ With a lot of things done in a hurry and without the necessary planning , especially among small and medium-sized companies , which are the majority in Brazil , the digital security of corporations was compromised .”
According to the research , more than 36 % of companies were not prepared for this reality . On the other hand , the increase in the incidence of threats
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