Stop Ransomware with NSX Network Detection and Response
Back in 2018, some cybersecurity vendors were reporting that cryptomining malware had infected organizations roughly 10 times more than ransomware. But since then, ransomware has climbed back to the top of the cybercrime landscape. Europol named ransomware as the top cyber threat organizations faced in 2019. And its impact is increasing:
“Even though law enforcement has witnessed a decline in the overall volume of ransomware attacks, those that do take place are more targeted, more profitable and cause greater economic damage. As long as ransomware provides relatively easy income for cybercriminals and continues to cause significant damage and financial losses, it is likely to remain the top cybercrime threat.”
Putting the Dominance of Ransomware into Perspective
Targeted attacks aren’t the only factor behind the ongoing prevalence of ransomware. Several other forces are also at play. Here are just a few of them.
The Rising Costs of Ransomware Infections
Higher ransomware amounts are common. A 2020 report indicated the average cost to recover from a ransomware attack more than doubled from $41,198 to a staggering $84,116. The Wall Street Journal reported that claims managers at Continue reading
