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The Growing Threat of Ransomware in 2024: What You Need to Know
- Ransomware attacks are increasingly becoming a top of mind challenge for organizations as they are causing operational disruptions and other material harms.
- Between Q1 and Q2 of 2024, there has been a 20% surge in the number of organizations featured on ransomware leak sites, demonstrating the escalating threat of ransomware attacks.
- Phishing attacks along with malware delivering ransomware are some of the common ways ransomware infiltrates an organization’s systems.
- Remote Access Trojans (RATs) or Loaders are used to deliver ransomware, and the use of legitimate file-sharing websites makes it harder to differentiate between benign and malicious behavior.
- Ransomware is most often delivered through the use of Initial Access Brokers (IABs), which sell access to infected computers across organizations, making it important for organizations to focus on how they procure IT resources from third-party vendors.
- Companies and cybersecurity teams should examine real-world examples of malware that bypass Secure Email Gateways (SEGs) to gain a deeper understanding of the current threat landscape.
- Implementing security awareness training that instills a sense of suspicion when it comes to online interactions and activities is one of the most effective steps a company can take to bolster proactive defenses.
- Some of the notable ransomware groups observed bypassing SECs in the past six months include LockBit 3.0, BlackCat, BianLian, Akira, and BlackSuit.
- Preventive measures and early detection are important to minimize the impact of an attack.
- Ensuring security standards are met throughout supply chains and that third party access is tightly controlled is vitally important to mitigating risks.
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