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This Akamai ransomware report highlights a rising trend among ransomware groups to shift their focus toward exploiting vulnerabilities in software to further extort the businesses. As in conclusion, it expects that other MFT systems may be a high-value target this year for ransomware groups such as CL0P. This shift represents a significant escalation in the tactics employed by these malicious actors, demonstrating their adaptability and determination to maximize the impact of their attacks. As organizations continue to bolster their cybersecurity defenses, it becomes imperative that file backup solutions no longer be used as a comprehensive solution to combat ransomware groups. To address the current challenges, organizations must prioritize proactive measures, such as network segmentation, vulnerability management, “virtual” and timely patching, and proactive monitoring of file transfer systems to mitigate the risk of falling victim to ransomware groups attacks. #https://lnkd.in/gR6nFnmZ

Is your organization prepared for a ransomware attack? With Sotero, downtime from a cyber attack can be reduced from weeks to minutes. Our advanced technology ensures that your data is protected and recoverable, so you can quickly get back to business as usual. Don't let ransomware cripple your operations - trust Sotero to keep your data safe and your downtime minimal. Learn more at https://lnkd.in/eiwdXAdg #ransomwareprotection #datasecurity #ransomwareprevention

Happy Monday, Linkedin! One of our new ransomware capabilities, the Ransomware Risk Profile, helps organizations proactively manage exposures across all stages, from reconnaissance to extortion. It identifies vulnerabilities, connects them to ransomware groups, and provides actionable insights like patching or limiting access. With details on compromised hosts and exposed identities, Recorded Future offers comprehensive visibility into your ransomware risk: https://bit.ly/40hrQxB

Organizations struggle to defend against ransomware: In this Help Net Security video, Jeremy Nichols, Director, Global Threat Intelligence Center at NTT Security Holdings, discusses a recent surge in ransomware incidents. After a down year in 2022, ransomware and extortion incidents increased in 2023. More than 5,000 ransomware victims were detected or posted across multiple social channels up from approximately 3,000 in 2022, according to the 2024 Global Threat Intelligence Report by NTT Security Holdings. Other key findings: Critical infrastructure, supply chain, … More → The post Organizations struggle to defend against ransomware appeared first on Help Net Security.

Did you know that 75% of companies have experienced a cyber attack in the last year? Ransomware attacks are a leading cause of data breaches and business interruptions, with cybercriminals increasingly targeting backup systems to cripple an organisation’s ability to recover. Our Technical Director, Andy Pilkington, explains how ransomware attacks operate and explores the critical role of managed backup solutions in our webinar: Fortifying Your Business Against Ransomware: The Role of Managed Backup Solutions in Modern Data Protection. See the full webinar here: https://lnkd.in/emgdp4vT

In today's digital landscape, ransomware is a menace that no business can afford to ignore. It's not just about data; it's about protecting your company's future. The impact varies, but preparedness is key. Did you know that 84% of private-sector businesses experienced revenue loss due to ransomware? The average recovery cost (excluding ransom) skyrocketed to $1.82 million. Astonishingly, 15% of businesses have no cyber insurance policy in place. While 47% recover in under a week, 29% take 1 week to 1 month, and 24% take 1 to 6 months to recover. Industries like education, business services, media, and construction are not immune. Trava proudly contributed to a vital report shedding light on the profound impact of ransomware attacks. It's clear: prioritizing cybersecurity is a strategic imperative. Let's protect our businesses and customers together. You can view the report here: https://lnkd.in/gxTg_2i2 #ThoughtLeadership #Cybersecurity #RansomwareImpact #BusinessProtection

Need another reason to attend the #ransomware virtual event? Spence Hutchinson, our Staff Threat Intelligence Researcher, will dive deep in the ransomware landscape, emphasizing its amplified impact on smaller organizations. Drawing from recent findings by our Threat Response Unit (TRU), Spence unveils critical insights into concerning patterns and the escalating complexity of ransomware exploiting vulnerabilities inherent in SMBs. Key discussion points will cover: ➡️ Common ransomware entry points, such as unmanaged devices and exploitations of inadequate network defenses. ➡️ The role of Dark Web markets in facilitating ransomware operations, spanning malware-as-a-service to initial access intermediaries. ➡️ Practical cybersecurity enhancements for SMBs, emphasizing multi-factor authentication and bolstered network monitoring. ➡️ Direct costs linked to ransomware incidents, excluding ransom payouts, alongside proactive approaches for detecting and mitigating threats. ➡️ Actionable guidance from TRU on preparing for, enduring, and recovering from sophisticated ransomware incidents. There's still time to register! Remember, you can earn up to 6.5 CPE credits by attending the ransomware virtual event. Register here: https://bit.ly/45Ew6HY

Is your organization prepared for a ransomware attack? With Sotero, downtime from a cyber attack can be reduced from weeks to minutes. Our advanced technology ensures that your data is protected and recoverable, so you can quickly get back to business as usual. Don't let ransomware cripple your operations - trust Sotero to keep your data safe and your downtime minimal. Learn more at https://lnkd.in/eiwdXAdg #ransomware #dspm #datasecurity

Is your organization prepared for a ransomware attack? With Sotero, downtime from a cyber attack can be reduced from weeks to minutes. Our advanced technology ensures that your data is protected and recoverable, so you can quickly get back to business as usual. Don't let ransomware cripple your operations - trust Sotero to keep your data safe and your downtime minimal. Learn more at https://lnkd.in/eiwdXAdg #ransomware #dspm #datasecurity

Is your organization prepared for a ransomware attack? With Sotero, downtime from a cyber attack can be reduced from weeks to minutes. Our advanced technology ensures that your data is protected and recoverable, so you can quickly get back to business as usual. Don't let ransomware cripple your operations - trust Sotero to keep your data safe and your downtime minimal. Learn more at https://lnkd.in/eiwdXAdg #ransomware #dspm #datasecurity