RANSOMWARE ’ S RESURGENCE
Following a quiet 2022 , 2023 saw a record high month for attacks , cyber insurance company Corvus Insurance suggests this year could follow suit , with their 2024 report showing a 21 % increase of ransomware attacks in Q1 period of this year compared to last .
– phishing , spoofing , and ransomware ,” Carl explains . “ However , within a company ’ s operations , collaboration tools have emerged as a significant point of vulnerability and primary entry for ransomware attacks .”
Emails are employed as loading an attachment with ransomware malware onto it remains one of the single easiest ways to get into a system . Equally , the rise of remote working has exponentially increased the use of collaboration tools like Teams and Slack , and has opened up another point of entry ,
“The evolution of technology , specifically developments in AI , is empowering bad actors to develop more frequent and more sophisticated ransomware attacks ”
CHRIS DIMITRADIS CHIEF GLOBAL STRATEGY OFFICER , ISACA