Ransomware: Racing From the Risk

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Protect your CU against ransomware.

 

 

 

 

 

 

 

 

 

Ransomware has become one of the most – if not the most – prevalent, effective and successful forms of cybercrime. According to Verizon’s 2018 Data Breach Investigations Report, ransomware is criminals’ malware of choice with 39% of malware-related data breaches in 2017 involving ransomware.

It has created a notorious name for itself by being simple to construct and deploy, and offering an extremely low-risk, high-reward business model for monetizing malware. Couple this with most people’s ignorance in regard to cybersecurity, and it’s evident why ransomware has become the fastest-evolving cyber threat known to date.

Simple Code, Sophisticated e-Marketing

Ransomware propagates through the same channels of regular malware – mainly email, but also through compromised or malicious websites and pirated software. Ransomware code is often not sophisticated, but it doesn’t need to be. This is because unlike many types of traditional malware, in most cases ransomware does not need to remain undetected or persistent for long to achieve its goal….

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