Xypher opens Leeds office as part of growth plans
Proofpoint research finds UK organisations continue to pay ransomware demands despite warnings
CISO news
Xypher opens Leeds office as part of growth plans
ybersecurity specialist Xypher has opened a new office in Leeds as part of its expansion plans. The company, which
C provides cybersecurity services including prevention, detection and response, has established a team of 13 at its new city centre location.
The new office is located at the Platform building above Leeds train station and aims to support Xypher’ s growth by accessing the city’ s technology, digital and professional services talent base.
Matthew Parker, CEO of Xypher, said:“ We’ re seeing unprecedented levels of demand for our services, with a shifting cyber landscape and advancing threats from a variety of sources. Our business has the people and capability to provide complete cybersecurity solutions across public and private sector organisations in an ever-evolving threat landscape.”
“ While our sector is already seeing double digit growth year on year, our unique proposition means that we’ re ready to out-perform our competitors. Providing services that take advantage of a range of technology but never forgetting that vital human element to cybersecurity, sets us apart: a feature that is evident in our Leeds base.”
The Leeds office will support Xypher’ s sales activities and wider cybersecurity services, including compliance and digital forensic investigation, as the company continues to expand its operations.
Proofpoint research finds UK organisations continue to pay ransomware demands despite warnings
early six-in-ten( 58 %) UK organisations affected by a
N ransomware attack have paid cybercriminals despite warnings from the UK’ s National Cyber Security Centre( NCSC) against doing so, according to research from Proofpoint.
The study found that paying a ransom does not guarantee recovery, with 22 % of organisations that paid later facing a second extortion demand. Authorities continue to warn that paying ransoms can encourage further criminal activity and does not guarantee the recovery of stolen or encrypted data.
“ AI hasn’ t fundamentally changed ransomware, but it has materially improved the attacks that lead to it,” said Ryan Kalember, Chief Strategy Officer at Proofpoint.“ Today’ s attackers are using AI to create highly convincing phishing emails and credential theft campaigns that exploit human trust at scale.”
Proofpoint’ s research also found that 31 % of organisations said employees did not suspect anything was wrong when interacting with malicious content. Malicious links remained the most common attack method( 40 %), followed by compromised email accounts( 35 %) and credential harvesting( 32 %).
Research from Trellix found that every surveyed CISO whose organisation experienced a ransomware attack ultimately chose to pay, while Cohesity found that 97 % of UK organisations admitted paying a ransom despite 94 % having a policy against doing so.
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