Skip to content
Menu
Bayou Technologies | Lake Charles, Louisiana | Technology | Cybersecurity | Communication | Marketing
Computer IT Services & Marketing
  • Technology
    • Managed Services
    • Computer Repair
    • Consulting
  • Cybersecurity
    • BDR
    • Network Security
    • Computer Security
    • Data Recovery
  • Communication
    • Cabling
    • Wireless Networking
    • Phones
  • Marketing
    • Website Development
    • Search Engine Optimization
    • Social Media & Online Presence
    • Location Scan
    • Website & Email Management
    • Online Advertising
    • Multimedia Design
    • Newsletter
  • CALL: 337-214-1172
Widgets

HOME  |  BLOG  |  REMOTE SUPPORT

Home
Support
Blog
Contact
Close Menu
Monetary Demands Are Skyrocketing For Ransomware Decryptions
June 5 2020

Monetary Demands Are Skyrocketing For Ransomware Decryptions

wukovits Blog, Ransomware, Recent News, Security

Ransomware attacks have evolved quite a lot over the course of the past year, and have become one of the most visible threats organizations of all sizes face.

That is, based on recently published research conducted by Group-IB, which analyzed the rapidly changing threat landscape. Their findings should disturb every business owner.

Here’s a quick overview:

First and foremost, ransomware attacks have become much more commonplace. The year 2019 saw a 40 percent increase over 2018, which is a clear indication that hackers around the world are increasingly seeing ransomware strains as their preferred vehicle for attacking organizations.

Second, the average size of the ransom demanded has been steadily increasing, moving from just $6,000 to a staggering $84,000. The focus is on large corporations and government agencies being the driving factor behind the dramatic increase.

In terms of tactics, far and away, the most common means of gaining an initial foothold onto a corporate or government network is RDP (Remote Desktop Protocol). RDP serves as the point of entry for 70 percent-80 percent of the attacks.

Aside from this, incident response teams report that exploit kits and spear phishing campaigns were also used regularly, though these were vastly overshadowed by RDP. The teams responding to Group-IB’s information requests also noted that more advanced ransomware actors relied on advanced methods that gave them access to more valuable targets.

The methods the hackers used include:

  • Compromising MSP’s (Managed Service Providers)
  • Exploiting un-patched vulnerabilities in applications
  • Compromising supply chains

The bottom line is that no one is safe, and the price of a successful breach has increased dramatically. Worse, an increasing percentage of hackers are now demanding not one, but two ransoms from each target they hit. The initial payment to unlock encrypted files and a second payment to delete their copies of stolen files, rather than publishing them for all to see.

The best way to keep your company safe from this particular threat is to minimize your reliance on RDP and to make sure you’ve got a robust backup plan in place. If you haven’t yet taken both steps, the time to do so is now.

Used with permission from Article Aggregator

Major WiFi Updates Came To Windows 10 Recently Old LiveJournal Database Breach Is Now Being Leaked Online

Related Posts

Update Available To Fix Windows 10 Crashing Issue

Blog, General Interest, Microsoft, Recent News, Technology News, Windows

Update Available To Fix Windows 10 Crashing Issue

This WordPress Plugin May Have Exposed Websites To Hacks

Blog, General Interest, Malware and Virus Protection, Recent News, Security, Technology News

This WordPress Plugin May Have Exposed Websites To Hacks

This Malware Might Be Undetectable To Some Antivirus Programs

Blog, General Interest, Malware and Virus Protection, Recent News, Security, Technology News

This Malware Might Be Undetectable To Some Antivirus Programs

Recent Posts

  • Update Available To Fix Windows 10 Crashing Issue
  • This WordPress Plugin May Have Exposed Websites To Hacks
  • This Malware Might Be Undetectable To Some Antivirus Programs

Archives

Categories

Get a Domain Registered


$.99* .COM Domain! Get going with GoDaddy!

Back To Top
Bayou Technologies | Lake Charles, Louisiana | Technology | Cybersecurity | Communication | Marketing
  • Home
  • Technology
  • Cybersecurity
  • Communication
  • Marketing
  • Newsletter
  • Blog
  • Support
  • Contact

BBB Logo

Bayou Technologies, LLC
✖
Bayou Technologies is a BBB Accredited Busines
A+
On a scale of A+ to F

Reviewed, Evaluated and Accredited

Meets All 26 Standards of Accreditation

BBB Accredited since 1/1/2012

Click here for BBB Business Report on Bayou Technologies, LLC

BBB Accredited:

BBB Rating as of:

Verify Bayou Technologies, LLC
Bayou Technologies, LLC © 2019
Website Development and Marketing in Lake Charles, Louisiana
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

SAVE & ACCEPT