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ID: 217922


Date: 2021-10-11

How to combat the most prevalent ransomware threats

Ransomware has turned into one of the most devastating cyberthreats as criminal gangs launch destructive attacks against specific industries and organizations. Attackers also have upped their game through multiple strategies, such as the double-extortion tactic in which they vow to publicly release the stolen data unless the ransom is paid. In its latest Advanced Threat Research Report, McAfee looks at the most prominent ransomware strains for the second quarter of 2021 and offers advice on how to combat them. Ransomware: A cheat sheet for professionals (TechRepublic). Several ransomware incidents garnered headlines over the quarter, most notably the attack by criminal group Darkside against fuel delivery utility Colonial Pipeline and the exploit used by the REvil gang to target enterprise IT firm Kaseya. But other attacks triggered concerns that ransomware was shifting to a different level of business. Looking at such top ransomware groups and strains as Ryuk, REvil, Babuk and Cuba, McAfee noted that criminals are increasingly using standard business practices to farm out their activities to affiliates. These groups also are exploiting common security vulnerabilities to target specific organizations. Beyond detecting a surge in ransomware attacks by popular families over the second quarter, McAfee found that criminals expanded their efforts to more sectors. REvil/Sodinokibi accounted for 73% of McAfee's ransomware detections for the second quarter of 2021. The sector most targeted by ransomware during the second quarter was the government, according to McAfee. Other industries that fell in the crosshairs were telecom, energy, and media and communications. Almost three-quarters of the ransomware detections in the quarter were related to the REvil/Sodinokibi family. Attacks by DarkSide extended beyond the oil, gas and chemical sector to threaten legal services, wholesale and manufacturing. To protect your organization from the most prevalent ransomware threats, McAfee offers several recommendations: Strengthen your organization's IT security defenses by keeping abreast of the latest cybersecurity news, solutions, and best practices. Delivered Tuesdays and Thursdays