Combat cyber threats: Ransomware making a comeback, stay protected

TLDR:

Key Points:

• Ransomware attacks are on the rise and continue to be a major issue for organizations.
• New ransomware groups often reuse code and tactics from established groups, making defenses more predictable.

Ransomware attacks are a growing threat for organizations, with incidents increasing and attackers becoming more sophisticated in their tactics. The recent attack on the British Library, which resulted in a £7 million recovery cost, highlights the significant impact of these attacks. The emergence of new ransomware groups, while alarming, also provides opportunities for organizations to predict and prepare for potential threats. By understanding the interconnected nature of these groups and the reuse of known ransomware types and tactics, organizations can develop more effective defensive strategies.

To mitigate the impact of ransomware attacks, organizations should adopt a proactive cybersecurity posture and expand their security measures beyond basic EDR and EPP solutions. Automated scans for vulnerabilities and advanced threat intelligence can help organizations enhance their resilience against ransomware threats. By leveraging a comprehensive security strategy that includes multi-layered defense mechanisms, organizations can better adapt to the evolving cyber threat landscape and counter ransomware effectively.