Ransomware is not new. Since 2016, the United States Department of Justice estimates that more than 4,000 ransomware attacks have been perpetrated against US organizations every single day.While that number is staggering, the scope and severity of the problem is even larger. Chronic underreporting of attacks means that the daily number is likely far greater.
The nature of ransomware attacks have also changed dramatically over the last eighteen months, with advanced nation-state tactics making their way into for-profit cybercriminal activity.
In this report, we explore the ways in which ransomware has become an advanced threat with the “hat trick” of exfiltration, encryption, and software exploitation; how governments are changing their treatment of ransomware attackers; and what organizations can do to reclaim the advantage.