According to data from Microsoft’s Digital Defense Report, cyberattacks are increasing in volume, sophistication, and impact, therefore steps must be made to protect yourself. Cyberattacks and ransomware are more common and typically target organizations with critical infrastructure information. The most targeted industries include consumer retail, financial services, manufacturing, government, and healthcare. Additionally, the United States is the most targeted country for cybercrime.

With the increase in remote work environments, companies must invest in software to protect vital information. Microsoft predicts more actors will engage in cyberattacks in the future and more specialized protection will be needed to stop them. Less than 20% of Microsoft customers are using strong authentication security features like multifactor authentication.

Read the full report here.