Cyberattacks are accelerating. Losses are being counted in millions

In Q3 2026, nearly 37,000 software vulnerabilities were reported, a threefold increase from the previous year. Cyberattacks on refrigeration systems in Europe led to significant food waste and financial losses for companies like Ahold Delhaize. Firms are ramping up cybersecurity investments, with AI playing a crucial role in threat detection and response. The global cybersecurity market is projected to grow significantly by 2029. Recent attacks highlighted the importance of rapid patching after vulnerabilities are discovered, as demonstrated by researchers who replicated exploits using AI tools.

Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.