Ransomware

The new ransomware and exfiltration prevention feature complements Guardian’s existing ransomware prevention capabilities, which already stop ransomware encryption fast enough to save 99% of files.

Just over a year ago the Conti ransomware group re-organized, with some members going off to create spinoffs like the Royal, Black Basta, and BlackByte ransomware gangs.

The group behind the ransomware has already targeted multiple victims, mainly those located in the U.S., and has an active Akira ransomware leak site with information, including their most recent data leaks.

Two advanced persistent threat (APT) groups have newly begun using ransomware as a weapon of choice, including DEV-0569 and Karakurt, bringing the overall number of APT groups capitalizing on ransomware to 52.

The DNSC pointed out the ransomware software used in this attack as ‘Backmydata’, a strain of the infamous Phobos ransomware.

Ransomware infections reached epidemic dimensions this year, according to security researchers who are concerned that ransomware could also disrupt next year’s U.S. presidential elections.

According to her, 37% of banks were victims of ransomware attacks between 2021 and present.

After gaining access to victims’ networks, Royal actors disable antivirus software and exfiltrate large amounts of data before ultimately deploying the ransomware and encrypting the systems.

Although Blackbaud discovered the ransomware attack in May 2020, the company didn’t the incident until the following July.

Although the ransomware attack largely affected the company’s U.K. operations, Yum Brands said it notified U.S. federal law enforcement as its investigation continues.

And notably, some findings by researchers pointed to a shift away from ransomware attacks that encrypted data in 2022 in favor of attacks that just involve data theft and extortion.

And not only are there existing unidentified infections out in the wild, but new ransomware is emerging on to the scene faster than many IT teams can handle.

A Russia-linked ransomware gang is reportedly behind the Royal Mail cyber attack that forced it to suspend international postal.

At the time, 'adverse impacts' of a major ransomware attack were blamed for the collapse.

A week after the ransomware demand, on December 19, more than a terabyte of confidential data was shared online, revealing Insomniac’s internal development plans for the coming decade.

Bannister Law Class Actions, Centennial Lawyers and Maurice Blackburn have joined forces to pursue compensation for customers affected by the ransomware attack on Medibank last year.

By 2031, ransomware is expected to cost its victims as much as $265 billion, according to research firm Cybersecurity Ventures.

Check Point Infinity Spark provides 99.7% prevention catch rate to protect SMBs against phishing, ransomware, credential theft and DNS attacks.

Combining that with more sophisticated ransomware and phishing attacks, I only see the threat landscape becoming more complex and challenging.

Crapcoins are the only reason ransomware is now a massive problem.