When faced with a ransomware attack, organizations and government agencies need to have robust protocols in place to respond quickly. The importance of regular and secure backups cannot be overstated. The City of New Orleans learned this lesson firsthand during a complex and time-consuming backup and recovery process following a ransomware attack.
Veeam used its annual user event, VeeamON, in Miami this week to release the results of some research on ransomware highlighting some alarming statistics that raise concerns for businesses of all sizes. Veeam is a backup and recovery company, so one might wonder why it’s releasing research in cyber security.
Ransomware is on the rise and it’s coming from multiple sources. Additionally, whether the goal is to collect ransom for data or disrupt a company’s supply chain, these attacks are growing in sophistication.
Zscaler is a security company that closely follows existing and emerging cyberthreats. Zscaler’s Zero Trust Exchange is a security cloud that processes more than 200 billion transactions and 150 million blocked attacks daily. This integrated platform of services protects users and workloads using zero trust, which involves applying security policies to control access.
Ransomware attacks have grown by 80% year-over-year, as they continue to evolve in tactics and scope.
The findings come from Zscaler Inc.’s newly released ThreatLabz 2022 Ransomware Report, which uncovered a record number of attacks that have increased both in volume and the cost of damages.
Ransomware continues to plague organizations all over the world. The most common entry points of ransomware into enterprise IT environments are phishing emails, malicious links, and dubious websites, according to Veeam Software’s 2022 Ransomware Trends Report.