Double Extortion Ransomware Victims Soar 935%
Phil Muncaster reports:
Researchers have recorded a 935% year-on-year increase in double extortion attacks, with data from over 2300 companies posted onto ransomware extortion sites.
Group-IB’s Hi-Tech Crime Trends 2021/2022 report covers the period from the second half of 2020 to the first half of 2021.
During that time, an “unholy alliance” of initial access brokers and ransomware-as-a-service (RaaS) affiliate programs has led to a surge in breaches, it claimed.
Read more at InfoSecurity.
Of special note if you are trying to convince people not to pay ransom:
Group-IB warned that, even if victim organizations pay the ransom, their data often end up on these sites.