The Ransomware Group Tactics which Maximise their Profitability
Article by Greg Foss, Senior Cyber Security Strategist, VMware Carbon Black Wherever there is disruption, cybercriminals see opportunity. Alongside the devastating health and economic impacts of the global coronavirus pandemic, we have also seen a huge escalation in ransomware attacks as people shifted to working from home. VMware Carbon Black threat researchers have recorded a 900% year on year increase in ransomware attacks in the first half of 2020. Attacks are not only more frequent, but they are also more sophisticated, as adversaries strive to maximise the revenue potential from each hit. As modular and more extensive malware has become ubiquitous, adversaries are diversifying and adopting more strategic and multi-stage tactics. They’ve identified factors such as high financial and regulatory penalties and reputational damage that offer more leverage to extort money from victims. As a result, it is now easier than ever for criminals with minimal skill to execute highly impactful ...