Cybercriminals shift tactics to pressure more victims into paying ransoms

From helpnetsecurity.com

This was primarily driven by an explosion in “indirect” ransomware incidents which increased by more than 415% in 2023 than in 2022. Standing out among the biggest loss drivers were remote access tools, which accounted for 58% of ransomware attacks. Double leverage attacks – those using both data encryption and exfiltration – also grew by 51% in 2023, demonstrating that threat actors shifted their tactics to pressure more victims into paying ransoms.

“Vulnerabilities in remote access products continue to drive too many successful ransomware attacks,” said Rotem Iram, CEO of At-Bay. “Technology providers and cybersecurity professionals must prioritize securing the perimeter by default and improving response to emerging threats, understanding that small businesses are unlikely to be able to solve those on their own.”

Read more…