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Akira Ransomware shifts focus to SMBs

  • Akira Ransomware has shifted its focus to smaller businesses (SMBs) and launched double-extortion attacks.
  • This shift is due to cybercriminals realizing the value of targeting SMBs, generating an estimated $42 million in ransom payments in 2024.
  • The cybercriminals exploit stolen credentials to infiltrate networks and deploy file-encrypting malware, demanding a ransom for the release of critical data.
  • Akira Ransomware primarily targeted organizations in North America, Europe, and Australia, with sectors like education, finance, healthcare, and manufacturing being the most affected.

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