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All issuesVolume 309, Issue 4IT NewsSecurity

Ransomware Attacks

Cyber Defense Magazine, Saturday, December 30,2023

Ransomware has been making headlines since 2021, and it continues to do so. 1.7 million ransomware attacks are happening every day.

It is a kind of malware attack that encodes the target's data and then inhibits them from having access until they successfully make a ransom payment. Many people think the virus has locked their computer, but it is actually the ransomware that has locked all their files. These attackers are changing their tactics from the primary extortion technique and focusing on data theft to have more leads over the firms that depend on the backups.

The new advancements, such as law execution restrictions on ransomware, international consents, changes in government norms, and the impending regulation of crypto, will force the opponents to overcome these challenges and benefit from the new opportunities. Here are the 6 changes that can prove to be vital for cybersecurity leaders in defending the new exploits.

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