Are you worried that your computer might be infected by Ransomware? Here are three ways you can do right away

 

What is the reason behind the increase in RANSOMWARE-related attacks?

One of the most important aspects is that what used to be small-scale ransomware threats directed at individuals are now sophisticated ransomware operations which are usually referred to as the area of RansomOps which are aided by the growing and distinctive Ransomware Economy.

This is a departure from the typical ransomware threat that was in the past, in which attackers used "spray and pray" tactics against their victims and demanded a small amount of ransom. These days "spray and pray" are gone... with the exception of the handful of.

They are , however, targeted advanced, sophisticated attacks that operate similar to an APT-style attack that seeks to gain access to as many of the system as is possible in advance of unleashing their ransomware attacks. They want to increase the efficiency of their attacks to the point that they can demand ransoms that could be as low as several thousand dollars.

Cybereason recently released an informative White Paper on this subject called RansomOps within the Complex RansomOps as well as the Ransomware Economy in which we talked about how the world of ransomware has dramatically changed in the past few years, shifting from a small-scale business that was targeted for nuisance attacks, to a sophisticated business strategies that are extremely efficient, and skilled with an ever-increasing level of technological advancement and innovation.

The study examined the ways in which ransomware vendors are moving away from large-scale attacks which do not require ransom but instead focused on smaller specific attacks targeted at specific businesses that were chosen because of their ability to cover huge-scale demands for ransom.

RANSOMWARE RESPONSE to WARY CISOS

CISOs are aware of ever-growing security threats they face. This is the reason they often believe that ransomware-related criminals are most likely to target their companies in 2022.

According to research by ITPro Seven out of 10 CISOs stated that they are likely to be affected by ransomware-related attacks in the next 12 months. This is significantly more than the 53% of companies who were affected by ransomware in the past year.

In the previous year, Cybereason published a study called attacks on Ransomware and the Real Cost to Business and revealed the various expenses that businesses have to face after the attack of ransomware. The main results that stood out were:

  • The majority of victims of ransomware said that they'd suffered significant loss in revenue as a result of the attack
  • More than half of companies have had to fix their reputation and brand as a due to ransomware attacks.
  • The third victim from ransomware are now without expertise at the C-level due to the attack.
  • Three of the ten companies had to lay off employees because of financial pressures that resulted from the threat of ransomware
  • One-quarter of ransomware victims reported they had to end the operation of their businesses

In order to be prepared in the event that they become the victims of ransomware-related attacks, CISOs should be aware of what they must be doing in the case their company is targeted. It is due to the fact that U.S. Cybersecurity & Infrastructure Security Agency (CISA) offers the following guidelines for businesses to adhere to. The following three guidelines stand out.

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