Navigating the Evolving Landscape of Ransomware Attacks: Effective Strategies for Organizations
Over the past few years, ransomware attacks have become a very serious issue for organizations of all sizes across sectors. These malicious cyber-attacks involve infiltration of a company’s computer systems and encryption of critical data and demand a ransom payment in exchange for the decryption key. As technology progresses, so do the methods adopted by cybercriminals. Here are some of the emerging trends in ransomware attacks and effective mitigation strategies for businesses to protect themselves from this growing menace. Emerging Trends Modern ransomware attacks are more sophisticated and employ advanced techniques and strategies, resulting in a higher success rate for threat actors. Following are some of its examples. Double Extortion: In this trend, cybercriminals not only encrypt an organization’s data, but also steal sensitive information before encryption. They then threaten to release or sell the data if the ransom is not paid, thus increasing p...