Cyber Magazine June 2024 | Page 122

ANTIVIRUS SOFTWARE

A s businesses and individuals grapple with increasingly sophisticated threats , the demand for robust cybersecurity solutions continues to soar , driving significant growth in the antivirus software market .

According to statistics from Avast antivirus , a staggering 55 % of computer antivirus software is outdated , leaving countless systems vulnerable to exploitation . This alarming figure highlights the urgent need for organisations to prioritise cybersecurity measures and ensure that their defence mechanisms are up-to -date and effective .
Ransomware attack in Phillippines In 2023 a ransomware attack on the Philippine Health Insurance Corporation ( PhilHealth ) served as a stark reminder of the real-world consequences of neglecting cybersecurity protocols . Despite having antivirus software in place , PhilHealth fell victim to the Medusa ransomware group after failing to renew its software license , rendering its protection ineffective . This unfortunate incident highlights the critical importance of proactive maintenance and renewal of cybersecurity tools in mitigating potential risks .
Former Cybersecurity Strategy Specialist at Banco Santander and Founder of Practical Infosec , Ashley Woodhall , tells Cyber Magazine : “ One of the most common effective defences against cyber incidents is keeping software up to date – this absolutely includes antivirus software . It is a basic security practice , but isn ’ t always easy . In the case of PhilHealth , it looks like the issue was more complicated than we might think , with the government ’ s procurement policy potentially having an impact here .”
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