Ransom! Ascom Holding AG

About Country: Switzerland (Country Code = CH) is known for its robust banking system and data protection laws, making it a prime target for cybercriminals, particularly in the context of ransomware attacks. In recent years, Swiss organizations have faced increasing threats as cyber attackers exploit vulnerabilities in both public and private sectors. The reliance on digital transactions and the interconnectedness of systems have elevated the risk of ransomware, with notable incidents highlighting the potential for significant financial losses and disruption. Switzerland’s strong regulatory framework and commitment to cybersecurity initiatives aim to mitigate these threats, but the sophisticated nature of ransomware attacks continues to challenge even the most prepared institutions.