Hackers use 'ransomware-as-a-service' and will pay operators to launch attacks on unsuspecting victims. Kurt 'CyberGuy' Knutsson says how to keep safe.
Global ransomware attacks are at an all-time high after steadily increasing over the last few years. The worst part is that the U.S. is the top target in the world for all ransomware attacks, accounting for over 43% of the last 1,900 reported attacks in the last year, according to a report from Malwarebytes.
What is ransomware and why has it grown so much in popularity? A ransomware attack happens when a group of hackers encrypts the data on a system, usually of a large organization, and demands a ransom to restore access to the owners or users. The hackers may also threaten to delete or leak the data if the ransom is not paid, so it’s a very serious attack.
What major organizations have been targeted by these cybercriminals? Some of the major organizations that have been targeted by these groups in the last year include health care, education, energy and transportation sectors. One of the victims was CalPERS, the biggest pension fund in the U.S., which had its data stolen and leaked by Clop through a third-party vendor that was exploited by a zero-day vulnerability.
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