As ransomware attacks continue to grow in frequency and intensity, both businesses and individuals are at risk of their data being locked away and held for ransom. According to the latest report from cybersecurity firm Cybereason, ransomware attacks rose by a staggering 88 percent in 2020, with 139.2 million samples detected — more than double the number of ransomware samples detected in 2019.
The Growth of Ransomware:
Ransomware campaigns have been on the rise for years, but 2020 saw a massive surge in malicious activity. Cybercriminals have been attacking targets of all sizes and from all industries, from small businesses to large enterprises, and using a variety of attack methods. The most common ransomware tactics included phishing emails, malicious links, and malicious software downloads.
The Cybereason report also highlighted the use of ransomware-as-a-service (RaaS) platforms. RaaS platforms are online services that provide cybercriminals with the tools and services needed to launch ransomware campaigns, making the malicious activity more accessible than ever before.
The Damage Done:
The damage caused by ransomware attacks can be devastating. If a system is infected with ransomware, the attackers can lock away data and demand a ransom in order to release it. In some cases, the data may be permanently destroyed.
Ransomware attacks can also lead to significant financial losses. Victims may have to pay the ransom, as well as incur the costs associated with repairing the damage and recovering any lost data. Businesses may also suffer financial losses due to data breaches, as customers’ data may be stolen or exposed.
Protecting Against Ransomware:
The best way to protect against ransomware attacks is to be proactive and have a robust security strategy in place. Organizations should invest in a layered security solution that includes both endpoint and network security measures, as well as regular security awareness training for employees.
Organizations should also ensure that their systems are regularly updated and patched to reduce the risk of vulnerabilities being exploited. Finally, organizations should have an incident response plan in place and conduct regular backups of their data in case the worst should happen.
Call to Action:
Ransomware attacks are an increasing threat to both businesses and individuals, and the consequences can be devastating. Share this article on social media and help spread the word about the importance of having a robust security strategy in place.
By taking the right steps, organizations and individuals can help protect themselves against ransomware attacks and ensure that their data remains safe and secure.