Destructive attacks continue to rise with ransomware families leading the pack by growing three-fold during the year and affecting the healthcare industry the most, says a new report.
The 2018 IBM X-Force Threat Intelligence Index has found the number of records breached dropped nearly 25 percent in 2017, as cybercriminals shifted their focus on launching ransomware and destructive attacks that lock or destruct data unless the victim pays a ransom.
According to the Institute for Critical Infrastructure Technology, the healthcare sector fell prey to more cyber incidents through data breaches than any other critical infrastructure area in 2015.
Atlanta city employees coming to work this morning were handed an unusual notice: don’t turn on your computers. The municipal systems had been hit with a ransomware attack on Thursday, and employees were not to use their computer until they were cleared by the municipal IT group.
As ransomware continues to gain notoriety, cybercriminals are looking for more ways to get the most out of the malware that they develop. Similarly, other bad actors who may lack the necessary skills to develop malware themselves are looking for a way to get in on the action. This has led to an increase in ransomware-as-a-service (RaaS), a practice in which cybercriminals put their ransomware up for sale, where it is purchased and leveraged by other criminals who are technically unable to develop their own variants.
How can security operations professionals within healthcare organizations balance the need to meet regulatory mandates while securing critical network infrastructure and patient data?
How are you reducing your IT security risks? Did you know that the global spending on security technology is forecast to reach $81.7 Billion in 2017, according to IDC?
