According to a SpyCloud ransomware report, infostealer infections were 22% of ransomware attacks for North American and European companies. The report also shows that 76% of infections that preceded these ransomware events involved Raccoon infostealer malware.

The report found that over 98% of respondents agree better visibility and automated remediation of malware-exfiltrated data would improve their ability to fight against ransomware. Respondents ranked the importance of MFA much higher than in previous years, although data backup remained organizations’ most important perceived countermeasure to ransomware. Additionally, organizations ranked phishing and social engineering (common malware deployment methods) as the riskiest entry points.

The report found that 81% of surveyed organizations were affected at least once in the past 12 months. Nineteen percent of organizations said they were prioritizing improving visibility and remediation for malware-exfiltrated data.

While 79% of surveyed professionals are confident in their capabilities to prevent a ransomware attack in the next 12 months, the report found a misalignment between companies' cyber defense priorities and criminals' attack methods.

Read the full report here