Enforcing the “double-extortion” technique aka pay-now-or-get-breached emerged as a head-turner last year.
May 6th, 2022 is a recent example.
The State Department said the Conti strain of ransomware was the most costly in terms of payments made by victims as of January.
Conti, a ransomware-as-a-service (RaaS) program, is one of the most notorious ransomware groups and has been responsible for infecting hundreds of servers with malware to gain corporate data or digital damage systems, essentially spreading misery to individuals and hospitals, businesses, government agencies and more all over the world.
So, how different is a ransomware attack like Conti from the infamous “WannaCry” or “NotPetya”?
While other Ransomware variants can spread fast and encrypt files within short time frames, Conti ransomware has demonstrated unmatched speed by which it can access victims’ systems.
Given the recent spate of data breaches, it is extremely challenging for organizations to be able to protect every organization from every hack.
Whether running a port scan or cracking default passwords, application vulnerability, phishing emails, or ransomware campaigns, every hacker has different reasons for infiltrating our systems. It is evident why certain individuals and companies are targeted because of their software or hardware weaknesses, while others affected do not have this common Achilles’ heel due to planning and barriers put in place.
We can bring in support of security experts like Indusface to defend ourselves and pursue an attack-reduction strategy to reduce both the likelihood and impact of becoming the victim of a cyberattack.
But what characteristics do companies possess that tend to attract cyberattacks, and why do hackers target them?
And if you knew your company was a likely target, would it make sense for you to be wary of the many ways your information could be compromised?
What Motivates a Hacker?
When hackers hack, they do so for several reasons. We’ve listed the 4 most common motivations behind the hacking.
1 — It’s About Money:
One of the most common motivations for breaking into a system is monetary gain. Many hackers may try to steal your passwords or bank accounts to…