Social engineering is the art of manipulating people so that they give up confidential information or perform an action you ask them to do. Social engineers are usually trying to trick victims into giving them their credentials, bank information or access to computers to secretly install malicious software. Find out how phishing actually works and what you can do to reduce the risk.
Ransomware's ascent from a minor crime to a multi-billion-dollar industry shows the seriousness of the danger to corporations. But even though Ransomware has been making the news regularly for the past five years, it is not new to hold user data or systems hostage and then demand a payment to get them back. This article will look at the evolution of ransomware, from its first known attack in 1989 to the vicious threat it has become in the present.
Cybersecurity threats continue to increase in sophistication and frequency. As a CIO, it is important to be aware of the latest trends and how to best protect your organization from these threats. Here are seven cybersecurity trends and ransomware attack examples that you should make sure to keep top of mind in 2022.
Among the many challenges businesses contend with in the global marketplace today, the 11th Allianz Risk Barometer 2022 ranks cybersecurity threats as the most important business risk. This proves beyond any doubt that enterprises are experiencing increasing threats and full-on attacks to their information technology systems.
Ransomware is a (sad) fact of corporate life. 61% of businesses were impacted by cyber criminals in 2020, peaking at more than 900 attacks per organisation in 2021. Remote working is only making organisations more vulnerable. A recent study also found that the average attack costing its victims $5.3m. It’s no wonder ransomware is near the top of every CIO’s worry-list. In our last blog, we looked at how best to plan for tomorrow.
Ransomware attacks continue to plague organizations globally regardless of their size. In a press release by the NCC group that preceded the Annual Threat Monitor Report 2021 published for the year 2021, there were an estimated 2,690 ransomware attacks, a 92.7% increase from 2020s figures of 1,389. The increase of ransomware attacks builds upon the general gradual rise in cyber-attacks in the wake of the COVID-19 pandemic. Ransomware accounted for roughly 65.4% of global cyber incidents in 2021.
As the cyber world grows day by day and makes our lives easier and more efficient, hidden threats and risks also increase. One of them is Ransomware, an expensive and ever-growing cyber threat on organizations’ critical data, files, or any other critical information from the past few years. Here the victim pays the ransom amount for his data locked by the attacker.
During the recent Rootedcon conference in Spain, we delivered a talk about ransomware, and this blog post serves as a commentary of the insights presented about Ransomware as a Service (RaaS): how it really works; how the threat actors operate these attacks; and how organizations can analyze the attacks and take preemptive measures in the event of future attacks.
