At-Bay’s Post

Thursday Tech Tip What is Ransomware? There’s no doubt you’ve heard of ransomware. However, the gravity of a ransomware attack occurring may not have set in. When targeted by ransomware, your computer system is completely blocked, and a ransom will be demanded to release them, which is why they are called ransomware. If you don’t pay the sum being asked for, your data might be lost. There’s also no guarantee your data will come back if you pay! Make sure your network is defended so that it never reaches this point. Data compromise isn’t in the picture when you work with us: reach out today.

During Q1, the trend of fewer organizations paying ransoms continued, as a ransom was paid in just 34% of Arete engagements during the quarter. As ransomware attacks have increased in recent years, organizations have become better prepared, maintaining and regularly updating backups, establishing incident response plans, and partnering with incident response organizations to make their companies more resilient against cybercrime. Download Arete’s Q1 2024 Crimeware Report: https://hubs.ly/Q02yjwmm0 #Cybersecurity #ThreatIntelligence #RansomwareTrends

Thursday Tech Tip What is Ransomware? There’s no doubt you’ve heard of ransomware. However, the gravity of a ransomware attack occurring may not have set in. When targeted by ransomware, your computer system is completely blocked, and a ransom will be demanded to release them, which is why they are called ransomware. If you don’t pay the sum being asked for, your data might be lost. There’s also no guarantee your data will come back if you pay! Make sure your network is defended so that it never reaches this point. Data compromise isn’t in the picture when you work with us: reach out today.

According to today's information, LockBit was able to make good progress as Ransomware as a service (RaaS). 💢Data breach exposes sensitive information of Canadian Government employees. 💢LockBit ransomware affiliates actively exploiting Citrix Bleed vulnerability source: https://lnkd.in/df7G5sFr -It is better to check some of its information CVE-2022-21999 Analyst : https://lnkd.in/de9bjNmb ATTACK LIFE CYCLE: (Q4,2021)

The impact of compromised backups on ransomware - A Sophos analysis: - 94% of organizations hit by ransomware in the past year said that the cybercriminals attempted to compromise their backups during the attack - Across all sectors, 57% of backup compromise attempts were successful, meaning that adversaries were able to impact the ransomware recovery operations of over half of their victims - 85% of organizations with compromised backups said that the attackers were able to encrypt their data compared with 52% of those whose backups were not impacted - Ransomware recovery costs are 8X higher when backups are compromised https://lnkd.in/dM887vpW

Ransomware, such as Lockbit 3.0, infects computers and networks to hold a company's data “hostage” in exchange for payment. If you refuse to meet their payment demands, the #cybercriminals could destroy the files or leak sensitive information to the public. Ransomware has become a highly successful business model for cybercriminals. Follow these tips to avoid falling victim to a ransomware attack: ☑️ Always be mindful of a sense of urgency in emails. Never click on links or attachments without first verifying their legitimacy. ☑️ Trust your instincts! If something seems suspicious, always check with your organization’s security team before clicking. ☑️ Ransomware can strike at any organization, even highly respected ones like hospitals! As a user, it’s important to remain alert and cautious.

Did you know that 96% of ransomware victims who paid a ransom did not get all their data back? Data is your organization's most valuable asset — don't take risks with it. Download this doc to learn more about the NetApp Ransomware Recovery Guarantee.

Ransomware has doubled in 2023. Nubeva Ransomware Reversal is a proactive solution to ransomware recovery. Our patented decryption technology enables organizations to decrypt ransomware without paying ransoms.  Discover our approach in this quick overview video.

With Nubeva, you already have the keys to recover post #ransomware attack. Discover our breakthrough approach to ransomware recovery in this quick overview video: https://lnkd.in/gNfMpwbj

ThreatDown 2024 State of Ransomware Report Key findings: - Ransomware payments passed $1 billion a year for the first time in 2023, while the average ransom payment climbed to $620,000. - 63% rise in US ransomware attacks and a 67% increase for UK ransomware attacks. - Attackers have improved the speed and stealthiness of their attacks with three new tactics.