{"id":76218,"date":"2023-02-27T02:19:52","date_gmt":"2023-02-27T07:19:52","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=76218"},"modified":"2023-03-07T16:56:59","modified_gmt":"2023-03-07T21:56:59","slug":"76218","status":"publish","type":"post","link":"https:\/\/www.cyberconservices.com\/index.php\/2023\/02\/27\/76218\/","title":{"rendered":"An Overview of the Global Impact of Ransomware Attacks"},"content":{"rendered":"

On December 12th, 2022, there was a cyberattack<\/a> in the Swedish municipalities of Borgholm and M\u00f6rbyl\u00e5nga that rendered a range of critical services from both municipalities unavailable. Although the nature of the intrusion is still undisclosed, it seems to be part of a wider trend of global ransomware<\/strong> attacks.<\/p>\n

On January 10th, the Royal Mail<\/a> detected a cyber incident affecting delivery and collection across the UK.<\/p>\n

In even more recent news, the city of Oakland<\/a> has declared a local state of emergency because of a ransomware<\/strong> attack that forced the city to take all its IT systems offline on February 8th.<\/p>\n

But what is a ransomware<\/strong> attack, who are the targeted groups, and how can organizations protect themselves?<\/p>\n

Ransomware<\/strong> is malicious software that encrypts a company\u2019s data, preventing access to data until the ransom payment is paid and a decryptor is released.<\/p>\n

In 2021 there were 623.3 million ransomware<\/strong><\/a> attacks worldwide, an increase of 105% over 2020 figures.  Most of these targeted ransomware<\/strong> attacks have been on the rise since the shift to remote and hybrid work.<\/p>\n

However, in 2022, the volume of ransomware<\/strong> attacks dropped 23%<\/a>. As organizations feel this indicates cybersecurity prevention is helping prevent these crimes, the crimes are evolving into new levels.<\/p>\n

Most ransomware<\/strong> groups are opting for the double-extortion model, threatening to expose the compromised data, for additional leverage to collect ransom payments.  These high profile attacks bring more sophistication of modern cyber-attacks imposing new dangers to both organizations and individuals.  Read On:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

On December 12th, 2022, there was a cyberattack in the Swedish municipalities of Borgholm and M\u00f6rbyl\u00e5nga that rendered a range of critical services from both municipalities unavailable. Although the nature of the intrusion is still undisclosed, it seems to be part of a wider trend of global ransomware attacks. On January 10th, the Royal Mail detected a cyber incident […]<\/p>\n","protected":false},"author":1,"featured_media":76382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[636],"tags":[637],"class_list":["post-76218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ransomware","tag-ransomware"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t