Boosting Impact for Profit: Evolving Ransomware Techniques for Targeted Attacks

While more enterprises have adjusted to the new normal, so have cybercriminals who take advantage of the ever-changing work, home, and security landscape. As described in our 2020 Midyear Roundup, the numbers pertaining to ransomware no longer tell the story at first glance. While the number of infections, company disclosures, and ransomware families has gone down, the estimated amount of money exchanged for the retrieval of encrypted data has steadily gone up.

By going after institutions and companies with the urgent need to retrieve their data and get their systems running again, cybercriminals are able to demand exorbitant amounts of ransom.

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Source: Trend Micro