As reported by SecurityBrief New Zealand and TechRepublic, the NCC Group's Global Threat Intelligence team, Ransomware attacks continue to be a significant threat to businesses around the world. In February 2023, the number of ransomware attacks increased by 45%, with LockBit being one of the most active groups. This increase in activity is particularly concerning as LockBit is known for using sophisticated tactics and techniques, which makes their attacks much more difficult to prevent and recover from.
LockBit typically targets businesses that are more likely to pay a large ransom, such as those in the healthcare, financial, and legal sectors. They use a variety of methods to gain access to their victims' systems, including phishing emails and exploiting vulnerabilities in software and operating systems. Once they have access, they use encryption to lock the victim out of their own data and demand payment in exchange for the decryption key.
Preventing ransomware attacks requires a multi-layered approach, including employee training, robust backup systems, and advanced security solutions like AppGuard. AppGuard is an innovative cybersecurity technology that prevents ransomware attacks by blocking malicious code from executing on endpoints. It uses a patented approach called "isolation and containment" to protect endpoints from all known and unknown cyber threats.
Business owners need to take the threat of ransomware seriously and take steps to protect their organizations. This includes talking with us about how AppGuard can prevent this type of incident. With the number of ransomware attacks on the rise, it's essential to take proactive measures to secure your business and protect your valuable data. Don't wait until it's too late to take action. Contact us today to learn more about AppGuard and how it can help safeguard your business against ransomware attacks.
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April 7, 2023
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