In the current landscape of cybercrime, criminal groups specializing in ransomware attacks are becoming increasingly sophisticated and well-funded. These groups often allocate a portion of their illicit profits towards recruiting and training skilled cyber-criminals, which in turn makes them even more dangerous for potential targets. As these groups continually evolve their tactics and techniques, it’s crucial for organisations to stay informed and up-to-date on the latest trends in order to effectively protect themselves against these threats.
Here are five ransomware threats that you need to know about:
Attacking the cloud
Cybercriminal groups that employ ransomware as their attack method typically focus on exploiting known vulnerabilities within cloud-based software and applications. These groups may gain access to cloud platforms by carrying out targeted attacks against individual user devices or cloud accounts.
Targeting supply chains
One of the ways in which cybercriminals can gain access to multiple organizations through a single breach is by targeting and compromising the software supply chains. By exploiting weaknesses in the supply chain, cyber-criminals can potentially infiltrate multiple victim organizations.
Attacking industrial processes
Some ransomware groups have developed malicious code that has the potential to disrupt critical infrastructure and industrial processes. The impact of such attacks can be severe, potentially causing significant disruption and even physical harm.
Targeting managed service providers
When cybercriminals compromise managed service providers, they can gain access to the data and systems of multiple organizations through a single attack. This method allows attackers to infiltrate several victim organizations by targeting a single point of entry, potentially resulting in a large-scale breach.
Attacking on holidays
As cybercrime continues to evolve, attackers are becoming more strategic in their approach. An emerging trend is the increase in attacks that occur during weekends and holidays, when there are typically fewer IT and support personnel available to respond. This approach allows cyber-criminals to potentially carry out attacks with less resistance, increasing the chances of a successful breach.
By implementing the five tips we’ve discussed, you can significantly reduce the risk of falling victim to cybercrime. However, it’s important to remember that cyber threats are constantly evolving, so staying up-to-date on the latest trends and best practices is crucial to maintaining a strong cybersecurity posture. By prioritizing cybersecurity and remaining vigilant, you can protect your business’ assets and maintain the trust of your customers and stakeholders.
If you have an enquiry, get in touch with the Sentio team on 0333 3660 007. We’re here to help and assist with any questions you may have.