June 24, 2020 | Ask-An-Expert Writeups | Networking and Network Devices | By Ondrej Krehel, IANS Faculty
Some of the most impactful ransomware attacks over the past year targeted Travelex, LifeLabs, the city of Baltimore and Norsk Hydro.
In 2019, 86% of breaches were financially motivated, 43% involved web applications, and 37% stole or used credentials. More than a quarter (27%) of malware incidents involved ransomware, and 22% of breaches involved phishing.
An increasing number of security firms are offering ransomware brokering services. The idea: Let an experienced middleman negotiate with attackers on the amount and delivery of ransom to unlock hijacked files and systems. This takes the emotion and missteps out of the negotiation. But how best to proceed? Furthermore, is it the right thing to do? IANS Faculty John Strand walks through the do’s and don’ts.