Common Factors Leading to Ransomware
One of the biggest issues businesses face today is ransomware. It is in fact becoming a global threat. A ransomware attack was launched every 40 seconds in 2017 and that number increased exponentially in 2018. What are the main reasons for this kind of escalation? Why cannot law enforcement or IT professionals stop the growing number of cyber-attacks?
The main reason for this are the latest trends. The art of ransomware continues to evolve. Hackers are successfully finding new ways to initiate and launch cyberattacks. Thieves are rarely caught. Therefore, you have a crime that pays very economically, and there is no penalty for the crime. Attack methods are expanding almost daily. The attack vectors increase with each new intrusion. If cyber crooks can only convince one employee to click on a malicious link, they can take over and control all files and data of an entire company.
When you go to work in the morning and find that hackers have locked all of your data and are demanding $ 2,000 worth of bitcoins, are you paying for it or not, Instead of paying to hackers use Cloud security services? Most business owners pay the ransom. It is easier, cheaper, and makes everyone work a lot faster. One of the most important keys to the success of this cyberattack is the fact that criminals keep ransom rates quite low. If you can only pay $ 2000, get all your files back, and move on, why not use Cloud security services?
Factors involved:
One of the main contributors to this crime is the cryptocurrency revolution. If criminals relied on bank accounts and credit cards to pay, their crimes would soon be solved and they would be arrested and jailed. However, cryptocurrency is great for internet crime. This is incomprehensible and makes ransomware a practically insoluble crime involve Cloud security challenges.
The top five cryptocurrencies in the world, in order of popularity:
- Bitcoin
- Monero
- Zcash
- Ether
- Litecoin
Currently 1,658 cryptocurrencies available in the world. This number increases every day. People love the anonymity of cryptocurrencies. There are a growing number of shady businesses on the dark web, and most of them only accept cryptocurrency as a form of payment. In fact, much of the sale of goods and services on the dark web is illegal. The only safe way to pay for illegal material is to use a completely incomprehensible payment method. The answer is cryptocurrency.
Social factors:
- Social development
- Known and unknown software vulnerabilities
- Incorrectly configured workstation and server
Most of these vulnerabilities have a workable solution. It is just a matter of figuring out where you are most at risk and taking steps to address those issues. A well-managed IT protection team of network fort and logic finders can assess your current IT infrastructure and make suggestions for improvement. Think of it as an investment in the future of your business which involves Cloud security challenges.
Conclusion
It would be nice to assume that everyone is suddenly waking up and choosing to be honest and sincere in all their dealings. However, this is not a realistic view. Instead, we must take decisive action to create and maintain global Internet law enforcement agencies with the power to track and stop cybercriminals. If there is no punishment for a crime, it is a proven fact that it will increase and even flourish. Factors will help you understand the horrors of ransomware. For further info, click the link below and register yourself.