December 30

On the Evolution of Ransomware

Ransomware

0  comments

This post was originally published on this site

Good article on the evolution of ransomware:

Though some researchers say that the scale and severity of ransomware attacks crossed a bright line in 2020, others describe this year as simply the next step in a gradual and, unfortunately, predictable devolution. After years spent honing their techniques, attackers are growing bolder. They’ve begun to incorporate other types of extortion like blackmail into their arsenals, by exfiltrating an organization’s data and then threatening to release it if the victim doesn’t pay an additional fee. Most significantly, ransomware attackers have transitioned from a model in which they hit lots of individuals and accumulated many small ransom payments to one where they carefully plan attacks against a smaller group of large targets from which they can demand massive ransoms. The antivirus firm Emsisoft found that the average requested fee has increased from about $5,000 in 2018 to about $200,000 this year.

Ransomware is a decades-old idea. Today, it’s increasingly profitable and professional.

About the author 

Agent 86

Maxwell Smart, agent 86, is CONTROL's top spy (except for Bannister) and, later, the Chief of CONTROL.

You may also like

Brexit Deal Mandates Old Insecure Crypto Algorithms

Brexit Deal Mandates Old Insecure Crypto Algorithms

Russia’s SolarWinds Attack

Russia’s SolarWinds Attack

VMware Flaw a Vector in SolarWinds Breach?

VMware Flaw a Vector in SolarWinds Breach?
{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}

Subscribe to our newsletter now!