Ransomware Attacks Are on The Rise: Here is How You Can Stay Safe

krunal Mendapara

Ransomware Attacks Are on The Rise: Here is How You Can Stay Safe

The world is going more digital every passing day. However, with increasing digitization, cybercrime has surged too. Cybersecurity experts have been baffled to see different forms, types, and patterns of cyber breaches in the past few months.

An internet cybersecurity company SonicWall conducted research on cyberattacks by diligently tracking cyber activities. The report made a shocking revelation that there was a rise of 1885% in ransomware attacks worldwide. In North America, there was a steep increase of 104% in ransomware attacks in just one year.

The company identified top threat vectors as:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks

This suggests that cyber threat hunting has become the need of the hour.

What harm can ransomware attacks do?

Ransomware attacks are getting more high-profile than ever. In 2021, they disrupted supply chains and caused widespread downtime resulting in business loss of millions of dollars. In addition, they severely damaged the reputations of several organizations.

For example, the world’s largest meat supplier JBS USA was forced to pay an $11 million ransom in bitcoin last year to stop further damage.

How do stay safe?

You can take several preventive measures to ensure that your IT environment stays safe from ransomware.

1. Block their entry

Prevention is better than cure. There are three most common entry points for the ransomware:

Phishing for accessing remote services.
Targeting vulnerable systems
Deliver malware through emails.

All of these can be done by stealing login credentials. However, you can protect your IT assets, reputation and data by detecting such attacks well ahead and remediating them. Potent automated threat hunting solutions may help you secure your IT environment from all angles. They are designed to detect cyberattacks well in advance by keeping a watch on the entire IT environment.

2. Prepare an incident response plan

What if the attackers succeed in launching a ransomware attack? It would help if you had an incident-response plan ready in such a situation. IBM-sponsored Ponemon institute’s study reflects that you can save $1 million per incident if you can respond to the ransomware in less than a month.

krunal Mendapara

How to Combat Ransomware in 2022?

Mahendra Patel 2022-03-25

From local to government organizations, ransomware attacks are present everywhere. Also, according to a source, Governments worldwide saw a whopping 1,885% increase in ransomware attacks. Therefore, threat hunting plays an imperative role in ransomware detection and prevents potential ransomware attacks. Conduct periodic cyber security awareness training According to a source, 95% of the breaches happened due to human error. Regular awareness training enables the employees to follow the best business practices and prevent ransomware attacks.

6 Exciting Cyber Security Project Ideas & Topics For Freshers & Experienced [2022]

hrishikesh 2022-11-28

The most effective cyber security projects are ideal for novices looking to hone their skills. Many of the top cyber security projects can also show potential employers that you have strong technical skills and an analytical mind. Top 6 Cyber Security Project Ideas for BeginnersSince working on cyber security projects could land you a great job, you should definitely participate. ConclusionThis article explains why working on a cyber security project is so important for getting a foot in the door at a company. Due to the breadth of the subject, there are countless directions you may take for a cyber security project.

Rise in Ransomware

Abhishek Chakraborty 2022-04-28

The virus can infect program files, boot sectors, hard drives partition, data files, memory, macro routines, and scripting files. GoldenEye:The GoldenEye ransomware is analogous to the Petya ransomware. When a user downloads a file infected with GoldenEye Ransomware, a macro is launched that encodes the file on the victim’s computer. Once the trojan is installed on as many as machines possible, they activate the locker ransomware and encode the files. The following are some effective strategies for preventing ransomware:Maintain a frequent backup of your data to an external storage device.

The Rise of Ransomware Attacks: What You Need to Know to Protect Your Business and Yourself

jessica porter 2023-05-17

Or how it can affect your business or personal files? How Ransomware WorksThe goal of ransomware is to encrypt the victim’s files, rendering them inaccessible to the user. For individuals, personal files including photos, videos, and documents can be permanently lost if the ransom payment is not made. Conclusion: The rise of ransomware attacks highlights the growing threat posed by malware and the importance of being proactive in protecting your devices. Educating yourself and those around you on safe browsing habits can go a long way in securing your personal and business files from ransomware attacks.

Insider Threats: Signs To Look For & Tips For Cyber Threat Hunting

krunal Mendapara 2022-06-27

Malicious insider threatsMalicious insider threats originate from unethical employees and contractors. In several cases, it is found that insider threats conspire with external threat actors such as competitors or hackers. In 2008, a San Francisco incident drew the world’s attention to how grave an insider threat can be! However, potent automated threat hunting solutions can also help companies protect themselves from insider threats. Read More: Insider Threats: Signs To Look For & Tips For Cyber Threat Hunting

Merchant Ransomware Protection Solutions

Kai Jones 2023-09-27

To safeguard their operations and sensitive information, merchants need robust ransomware protection solutions. Why Merchants Need Ransomware Protection SolutionsFinancial Protection: Ransomware attacks can lead to significant financial losses. Regulatory Compliance: Many industries have strict data protection regulations, such as the General Data Protection Regulation (GDPR) or the Health Insurance Portability and Accountability Act (HIPAA). Ransomware-specific Solutions: Some cybersecurity companies offer specialized ransomware protection solutions that use advanced techniques like behavior analysis and machine learning to detect and block ransomware attacks in real-time. Implementing robust ransomware protection solutions is not optional but a necessity in today's digital landscape.

WHO TO FOLLOW

MORE FROM AUTHOR

Parking your data on the cloud? Here are the security risks you should consider 

krunal Mendapara 2022-08-26

Tailgating: What is it, how harmful is it, and how to prevent it?

krunal Mendapara 2022-07-28

Using VPN? Here is Why You Need To Reconsider Your Cybersecurity

krunal Mendapara 2022-07-06

How To Ensure The Cybersecurity of Evolving IoT Devices?

krunal Mendapara 2022-06-30

Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.

Press enter to search

HOW ZERO TRUST CAN HELP DEFEND AGAINST RANSOMWARE ATTACKS

Jacob Cole 2020-08-20

Ransomware remains a serious threat, despite enhanced security capabilities that come out of the box in the cloud.

In this article, we understand how zero trust can be a defense mechanism against ransomware attacks.

Ransomware Attacks Targeting Government Bodies

MercurySolutions Limited 2020-11-10

Ransomware is essentially malware that prevents approved users from accessing private data or computer systems.

Now the cyber pirates are targeting Ransomware, Read more.

How to remove Ransomware virus

CC Antivirus 2022-04-21

Are there too many Ransomware virus in your system? How to Remove Ransomware virus? On a sudden day when trying to access the system, you may have realized that Ransomware virus may have hit your system. If one can follow the instructions and guidelines in this tutorial then they can be certain enough that ransomware virus removal from their system. Steps to remove Ransomware virus from the system: Step 1: Firstly, users are advised to isolate all of the devices which may be affected.

Ransomware Protection Market Size, Business Growth, Share, Trends in 2021, Demand and Forecast to 2027

Ravi More 2021-07-29

Market ScenarioMarket Research Future (MRFR), states multiple factors that governs the ransomware market 2020 and discuss them.

The rise of the global ransomware protection market is likely at 15% CAGR across the forecast period 2017-2023.The need for cyber security amidst the intensifying political tension is increasing, which is expected to promote the ransomware protection market across the analysis period.

The growing focus of different government and private organizations on internal security can improve the momentum of the ransomware protection market in the years ahead.

The rise in the installation of cyber threat and ransomware threat detection facilities can impel the expansion of the ransomware market across the analysis period.

The rise in the need for protected web gateways solution as resolution for cyber threats can also boost ransomware protection market in the coming years.

The service based segments of the ransomware protection global market are consulting services, managed services, and support & management services.

Ransomware Protection Market Overview 2024-2033 – Competitive Landscape and Strategies

Uday Kiran 2024-02-26

Learn More On The Ransomware Protection Market:https://www. Major companies operating in the ransomware protection market are developing innovative technologies to sustain their position in the market. The ransomware protection market report table of contents includes:Executive SummaryRansomware Protection Market CharacteristicsRansomware Protection Market Trends And StrategiesRansomware Protection Market - Macro Economic ScenarioGlobal Ransomware Protection Market Size and Growth. Global Ransomware Protection Market Competitive BenchmarkingGlobal Ransomware Protection Market Competitive DashboardKey Mergers And Acquisitions In Ransomware Protection MarketRansomware Protection Market Future Outlook and Potential AnalysisAppendixTop Major Players :Microsoft CorporationIntel CorporationInternational Business Machines (IBM) CorporationCisco System Inc. info/ Healthcare Blog: https://healthcareresearchreports.

Ransomware Protection Market Revenue, Statistics, Industry Growth and Demand Analysis Research Report by 2027

harshtech 2022-03-28

Therefore, there is a scramble amongst major players in the global ransomware protection market to give better end-to-end resolutions to their consumers. Threat intelligence resolution is thus expected to see tremendous growth due to its massive demand in the global ransomware protection market. The global ransomware protection market is divided by application into web protection, endpoint protection and data base protection. com/reports/ransomware-protection-market-4896About Market Research Future:At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th FloorNew York, NY 10013United States of America+1 628 258 0071 (US)+44 2035 002 764 (UK)Email: sales@marketresearchfuture.

Ransomware Protection Market 2023 - Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2032

snigdha 2023-11-23

The Ransomware Protection Global Market Report 2023, provides comprehensive information on the ransomware protection market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. Learn More On The Ransomware Protection Market’s Growth:https://www. Against this backdrop, the ransomware protection market is forecasted to scale new heights, reaching a formidable $39. id=12729&type=smpThe ongoing surge in technological advancements stands out as a prominent trend within the ransomware protection market. The ransomware protection market is segmented:1) Ransomware Protection Market By Component: Solution, Services2) Ransomware Protection Market By Deployment: Cloud, On-premise3) Ransomware Protection Market By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises4) Ransomware Protection Market By Application: Endpoint Protection, Network Protection, Database Protection, Web Protection, Email Protection5) Ransomware Protection Market By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Government And Defense, Retail, Education, Healthcare And Lifesciences, Other Industry VerticalsNorth America was the largest region in the ransomware protection market in 2022.

Ransomware Protection market : Top Growth Factors driving market

Tejas Kashid 2021-04-26

The global Ransomware Protection market focuses on encompassing major statistical evidence for the Ransomware Protection industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market.

A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study.Ransomware is malicious software that infects the victim's computer and displays messages demanding a fee to be paid in order for the victim's system to work again.

In April 2020, IT managed services firm Cognizant suffered a ransomware attack purportedly conducted by threat actors behind Maze ransomware, according to a report by BleepingComputer.

This software ensures that the process of system restoration is proper and secured.

What's Trending in Market:Advent of Crypto-Currencies for Ransom PaymentsChallenges:Lack of Awareness Among Security Professionals About New Ransomware FamiliesRise in Average Ransom AmountRestraints:Availability of Free Endpoint Security Solutions for Ransomware ProtectionMarket Growth Drivers:Increasing Number of Phishing Attacks and Targeted Security BreachesEmergence of Ransomware-As-A-Service ModelThe Ransomware Protection market study further highlights the segmentation of the Ransomware Protection industry on a global distribution.

The report focuses on regions of LATAM, North America, Europe, Asia, and the Rest of the World in terms of developing market trends, preferred marketing channels, investment feasibility, long term investments, and business environmental analysis.

Here's What you Need to Know About Netwalker Ransomware

Amari John 2022-12-15

Once a system is infected with Netwalker Ransomware, users may find their files encrypted and displaying a ransom note. The attackers behind Netwalker Ransomware typically demand payment in cryptocurrencies, such as Bitcoin or Monero. The bottom line: Netwalker Ransomware is a sophisticated form of malware that can have serious consequences for its victims. To avoid becoming a victim of Netwalker Ransomware, individuals and organizations should take the necessary steps to protect their data. Overall, Netwalker Ransomware is a powerful form of malware that can have devastating consequences for its victims.

Louisiana governor declares state emergency after local ransomware outbreak

Ascent InfoSec 2019-07-30

Three school districts were hit by ransomware in North Louisiana last week.

Louisiana Governor John Bel Edwards has activated a statewide state of emergency in response to a wave of ransomware infections that have hit multiple school districts.

There’s gold in your servers, cash in your cloud.

All that data is stored in outdated network infrastructure, and that is more than an invitation.

The ransomware infections last week impacted the school districts of three North Louisiana parishes — Sabine, Morehouse, and Ouachita.IT networks are down at all three school districts, and files have been encrypted and are inaccessible, per local media outlets.

The first time was in Colorado in February 2018, when the Colorado Department of Transportation was forced to shut down operations because of an infection with the SamSam ransomware.

Learn More

Ransomware Protection Market Leading Key Players, Industry Segments, Business Trends and Growth by Forecast to 2030

Chaitali Deshpande 2022-11-15

Major Market PlayersThe top market players in the global Ransomware Protection market are listed as McAfee Inc. The ransomware protection market can note tremendous growth in the near future owing to prevent cyber threat. The region of North America is one of the most influential regions and ruling the market immense growth in the ransomware protection market. utm_source=share&utm_medium=member_desktop https://www. Contact: Market Research Future (Part of Wantstats Research and Media Private Limited)99 Hudson Street, 5Th FloorNew York, NY 10013United States of America+1 628 258 0071 (US)+44 2035 002 764 (UK)Email: sales@marketresearchfuture.

norton.com/setup

ava williams 2019-04-29

norton.com/setup norton setup – to avoid ransomware from assaulting your framework, investigate security programming like Norton Security.

With Norton's Ransomware Shield, you can avoid pretty much every online danger.

The antivirus can be introduced on the majority of your gadgets.

Jackware Explained! Malware that Can Hijack a Machine

InApp 2022-09-21

But did you know there’s malware out there that can actually hijack your machine? Like most malware, jackware typically spreads through malicious or compromised websites, email attachments, or software downloads. These errors can be caused by the attacker's modifying system files or registry entries. To Sum UpIf you think your computer may be infected with jackware, there are a few things you can do. First, run a scan with your antivirus software to find and remove any malware that may be on your system.

Adaware Antivirus is the Best Antivirus Software For Windows 10?

TBC Adaware Antivirus 2020-01-06

Adaware Free Antivirus is the best real-time protection software against malware like spyware, ransomware, and viruses.

Know more, how it is the best antivirus for windows 10.