Well over half of global organizations — 66% — were hit with ransomware attacks in 2021, according to a new independent study. In a sign that we may be seeing a ramp up to even more widespread damage from these sneak attacks, it’s a 78% increase over the prior year.
Monthly reports that lack relevant details about an organization’s true risk level are insufficient and not representative of the further steps an organization should take to protect itself. This approach leaves organizations feeling secure against the threat of ransomware while they are actually left exposed to potentially expensive, wide-scale damage.
Ransomware uses a variety of attack techniques, including phishing where it can be very difficult for a human to discern whether an email is safe or not. These attacks usually impact the operations of a company immediately, and the recent rise in Ransomware attacks coincides closely with the rise of cryptocurrency as hackers are able to demand payment in untraceable forms like Bitcoin.
Not long ago, the concept of killware was the stuff of futuristic, doomsday movie fare. The idea that hackers could breach systems related to basic public infrastructure and health services to put people’s very lives at risk seemed scary, but far-fetched. Unfortunately, that dystopian future has, at least to some degree, arrived.
In our newest whitepaper, “Why Traditional Cybersecurity Tools Cannot Defend Against Zero-Day and No Signature Attacks,” we dive into how traditional cybersecurity tools work, why this fundamentally limits them from being able to detect zero-day or previously unknown attacks, why the industry standard for breach detection is around six to eight months and how modern, contextually-aware AI overcomes the limitations of traditional cybersecurity solutions.