Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

June 2021

Ransomware Has Evolved, And So Should Your Company

Ransomware is typically initiated via phishing or social engineering tactics, these attacks often take advantage of human error for the successful delivery of the malware. These criminal organizations are impartial to the size of your organization. They target any company with data, and if you don't pay the ransom, your information could be posted to a public forum or sold on the Dark Web for profit. Most companies unfortunately are forced to pay due to system failure and file corruption.

What we can learn from the most alarming 2021 breaches so far

The escalation in cybersecurity breaches as seen in 2020 has continued well into 2021. According to Verizon’s 2021 DBIR , so far they have looked into 29,207 incidents worldwide. These incidents boiled down to 5,258 confirmed data breaches. An analysis of these breaches shows: Many of these breaches were financially motivated, targeting sensitive data that can be easily monetized and lucratively too. Human negligence, consistent with previous years, was the biggest threat to security.