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OpenText Cybersecurity Unveils 2024's Nastiest Malware: Ransomware Threats Escalate Against Critical Infrastructure

Newswire.ca - Thu Oct 31, 7:30AM CDT

As cyberattacks grow more insidious, organizations are ramping up cybersecurity investments to defend essential services

WATERLOO, ON, Oct. 31, 2024 /CNW/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), has revealed its highly anticipated "Nastiest Malware of 2024" list, spotlighting the year's most notorious cyber threats. Now in its seventh year, OpenText's cybersecurity experts have identified the most relentless and adaptive malware trends impacting industries worldwide. This year, ransomware aimed at critical infrastructure takes center stage, highlighting an urgent call for reinforced security to protect vital services. In response, organizations are projected to increase their cybersecurity investments by 14.3% in 2024, reaching more than $215 billion.

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