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It seems like every new day brings with it a new ransomware news item – new attacks, methods, horror stories, and data being leaked.

Ransomware attacks are on the rise, and they’ve become a major issue for organizations across industries. A recent report estimated that by 2031, ransomware attacks would cost the world over $260 billion.

A new whitepaper from XDR provider Cynet demonstrates how the company’s platform can help organizations mitigate the impact of ransomware (download here).

Today, attackers have shown themselves to be less interested in ignoring the most vulnerable sectors, such as health care providers and hospitals. With a parallel increase in the number of variants – Wastedlocker, FTCode, Tycooon, TrickBot, REvil, and many others – it’s becoming harder to defend against the growing threat of ransomware.

Ransomware operates by using a variety of infection and encryption techniques to steal or barricade companies’ files behind hard paywalls. Even though many of the most common techniques have become public and organizations can defend against them, new, unknown methods can arrive without notice.

images from Hacker News