The problems that ransomware has caused to society have escalated dramatically over the past few years. As a result, the private cybersecurity industry has invested heavily in better defenses, and international law enforcement is actively chasing bad actors and governments are imposing sanctions on ransomware gangs.
Organizations are accelerating their digital transformation as they look to build functionality and resilience for a post-COVID world. This whitepaper shares an overview of today’s state of ransomware and then discusses what could trigger ransomware actors to change their business models.
It concludes by making recommendations on combating ransomware and how to prepare for future changes in the criminal business models of ransomware actors.
Download to learn more.
Provided by Trend Micro
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SonicWall launches new firewalls as part of Generation 8 refreshNews The vendor’s latest update includes unified management and integrated ZTNA, backed by embedded warranty and co-managed services
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BlackSuit ransomware gang taken down in latest law enforcement sting – but members have already formed a new groupNews The notorious gang has seen its servers taken down and bitcoin seized, but may have morphed into a new group called Chaos
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MSPs beware – these two ransomware groups are ramping up attacks and have claimed hundreds of victimsNews The Akira and Lynx ransomware groups are focusing on small businesses and MSPs using stolen or purchased admin credentials
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Google cyber researchers were tracking the ShinyHunters group’s Salesforce attacks – then realized they’d also fallen victimNews In an update to an investigation on the ShinyHunters group, Google revealed it had also been affected
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Nearly one-third of ransomware victims are hit multiple times, even after paying hackersNews Many ransomware victims are being hit more than once, largely thanks to fragmented security tactics
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Cybersecurity complexity and the channelIndustry Insights Channel partners must tackle cybersecurity complexity to drive outcomes and build trust
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75% of UK business leaders are willing to risk criminal penalties to pay ransomsNews A ransom payment ban is a great idea - until you're the one being targeted...
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The Scattered Spider ransomware group is infiltrating Slack and Microsoft Teams to target vulnerable employeesNews The group is using new ransomware variants and new social engineering techniques - including sneaking into corporate teleconferences
