October 20, 2021
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5min
      Colombo, 17 October 2021 – Sophos, a global leader in next-generation cybersecurity, today announced findings from its survey report, “The State of Ransomware in Financial Services 2021,” that show how mid-sized financial services organizations worldwide spent more than $2 million on  average recovering from a ransomware attack. This figure exceeds the global average […]

August 16, 2021
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4min
    Colombo – August 13, 2021: The global retail sector faced the highest level of ransomware attacks during 2020, with 44 per cent of organisations hit (compared to 37 per cent across all industry sectors), according to a report by UK-based cybersecurity firm Sophos on Wednesday. The report “Sophos State of Ransomware in Retail,” looked at the […]

August 2, 2021
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5min
      July 30, 2021: A recent survey of education IT professionals by Sophos, a global leader in next-generation cybersecurity, found that nearly half of all education institutions globally were targeted by ransomware in 2020, with 58% of those saying that cybercriminals succeeded in encrypting their data. Sophos recently published the “Sophos State of […]

July 9, 2021
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8min
      Deal Expands the Sophos Portfolio of Detection and Response Solutions and Services for Underprotected Server and Cloud Environments OXFORD, U.K. – July 7, 2021 – Sophos, a global leader in next-generation cybersecurity, today announced that it has acquired Capsule8, a pioneer and market leader of runtime visibility, detection and response for Linux production […]

June 29, 2021
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5min
    June 23, 2020: Sophos, a global leader in next-generation cybersecurity, today published new research, “Vigilante Malware Rats Out Software Pirates While Blocking ThePirateBay,”  which details a curious cyberattack campaign that targets users of pirated software with malware designed to block access to websites hosting pirated software. The developers disguise the malware as cracked versions […]

June 11, 2021
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5min
      By John Donovan The internal employee threat is still a leading cause of data breaches. According to the latest report by the Office of the Australian Information Commissioner (OAIC), over a third of the 518 notifications it received over January-June 2020 (34 per cent) were caused by human error.  This is likely to increase […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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