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Threat Intelligence

8/8/2019
06:30 PM
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Ransomware Shifts Focus from Consumers to Businesses

In addition, ransomware seems likely to continue its evolution in the second half of 2019.

For the first time, the number of ransomware attacks against businesses surpassed those against consumers, with the former up 363% Q2 2019 over Q2 2018, according to a new report from Malwarebytes.

Ransomware seems likely to continue its evolution in the second half of 2019, the report states, as malicious actors use attacks with worm-like functionality, along with ransomware attacks paired with other malware, in their attempts to get through security protections and make the most from their malicious investments.

Looking more deeply into the data, the report found certain families of ransomware predominated in detections, with Ryuk detections increasing by 88% over the first quarter of 2019, while Phobos exploded 940% in the same time.

Read more here.

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REISEN1955
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REISEN1955,
User Rank: Ninja
8/12/2019 | 9:17:51 AM
Re: Cognizant Shift
Second reason - money.  Business tends to have deeper pockets than a single consumer homeowner.  Never sue somebody who has no money - easy peasy. 
RyanSepe
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RyanSepe,
User Rank: Ninja
8/9/2019 | 2:09:25 PM
Cognizant Shift
Based on recent events this is to be expected. If I'm an attacker, my original thought would be that a business would subscribe to backup practices that would help nullify the threat of ransomware while a consumer would be less likely to.

From recent events this has been shown not to be true. Even corporations are failing to perform these advisable practices and now that this has become overly public it vastly increases the potential reward for the malicious entity. 
Why Cyber-Risk Is a C-Suite Issue
Marc Wilczek, Digital Strategist & CIO Advisor,  11/12/2019
Unreasonable Security Best Practices vs. Good Risk Management
Jack Freund, Director, Risk Science at RiskLens,  11/13/2019
Breaches Are Inevitable, So Embrace the Chaos
Ariel Zeitlin, Chief Technology Officer & Co-Founder, Guardicore,  11/13/2019
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