Ransomware attacks have been on the rise for many years, and this trend is expected to continue into 2023. This is due to three main factors: the Russia/Ukraine war, the increasing professionalism of criminal gangs, and the efforts of governments and law enforcement agencies to combat the threat. The most successful cybercriminals are currently targeting Ukraine's critical infrastructure, but when the conflict is over, they will likely redirect their efforts back to ransomware attacks. As a result, organizations and nations must remain vigilant. In 2023, ransomware attacks will likely focus on corrupting data rather than encrypting it, as this is faster and easier to do. Additionally, there may be an increase in splintering and rebranding among ransomware groups. To make matters worse, attackers may target backups that are less secure or from older files. Governments must take action to address this issue, as paying or not paying may become an existential decision for some organizations. Ultimately, the best defense against ransomware is for individual organizations to prepare in advance and have strong cyber defenses in place.
This Cyber News was published on www.securityweek.com. Publication date: Thu, 02 Feb 2023 12:17:02 +0000