Ransomware is an ever-evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in exchange for decryption. Ransomware actors often target and threaten to sell or leak exfiltrated data or authentication information if the ransom is not paid. Malicious actors continue to adjust their ransomware tactics over time, to include pressuring victims for payment by threatening to release stolen data if they refuse to pay, and publicly naming and shaming victims as secondary forms of extortion.
NIST’s Tips to Prepare your Organization for Ransomware Attacks
CISA Launches Campaign to Reduce Ransomware
The Cybersecurity and Infrastructure Security Agency (CISA) announced the Reduce the Risk of Ransomware Campaign today, a focused, coordinated and sustained effort to encourage public and private sector organizations to implement best practices, tools and resources that can help them mitigate this cybersecurity risk and threat.
Ransomware is increasingly threatening both public and private networks, causing data loss, privacy concerns, and costing billions of dollars a year. These incidents can severely impact business processes and leave organizations without the data they need to operate and deliver mission-critical services. Malicious actors have adjusted their ransomware tactics over time to include pressuring victims for payment by threatening to release stolen data if they refuse to pay and publicly naming and shaming victims as secondary forms of extortion.
Resources - Source: US Department of Safety and Homeland Security/Cybersecurity and Infrastructure Security Agency