Detecting Ransomware on Networks at Scale Using Traffic Analysis
Ransomware attacks are still causing serious financial and reputational damage to organizations. In May 2024, they made up 32% of all reported cyber incidents, and 92% of industries saw them as a major threat. These attacks lock important data and ask organizations for payment to regain access. Even after paying, attackers might have already gone through the whole system and left loopholes for future attacks. In some cases, ransomware hides in a network for a long time before being noticed.