Businesses could experience a wave of ransomware attacks this holiday season

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Businesses can expect most attacks to occur between Christmas and New Year’s Eve, when most cybersecurity professionals are on vacation. Justin Fier, director of cyber intelligence and analytics at Darktrace, says ransomware protection is available. “Business leaders should know that technology is available that can detect the first warning signs of ransomware and respond before attackers take critical systems hostage. Security he is even when the team is not in the office.”

New data from Darktrace shows that over the past three years, the number of holiday ransomware attacks has increased by almost a third compared to the monthly average. In a new report, AI cybersecurity firms say organizations are likely to face an onslaught of new attacks this holiday season, especially since 2021 was a record year for ransomware and other malware infections. I am warning you. Darktrace believes there will be more ransomware attacks this holiday season.

Highlights

  • Ransomware started with the simple idea of ​​encrypting all data on the target network and demanding payment in exchange for the decryption key. However, since companies started using cloud backups to mitigate the threat, ransomware has often evolved into a multi-step process. Crooks demand payment in exchange for decryption keys and threaten to publish stolen data online if demands are not met. , launch a DDoS attack to further pressure and intimidate the victim with a phone call.

  • According to Fier, ransomware is often misunderstood as an encryption problem. In fact, this is a broader issue as the operator must find a way to infiltrate the targeted network and spend time identifying and exfiltrating valuable data before proceeding to encryption and ransom demands. Malicious emails are usually the first step in ransomware attacks, which attackers use to phish for credentials and gain entry into your network. That’s why, according to Darktrace, the combination of email and network security is essential to thwarting ransomware attacks.

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