For its Oct Advanced Menace Exploration Report, McAfee Organization crunched risk data from above a billion sensors across numerous risk vectors all-around the world.
“Names this sort of as REvil, Ryuk, Babuk, and DarkSide have permeated into public consciousness, joined to disruptions of critical products and services worldwide. And with superior measure, considering that the cybercriminals behind these teams, as well as some others, have been productive at extorting millions of bucks for their individual get,” famous Raj Samani, McAfee Company fellow and chief scientist.
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According to the report, cloud incidents that attacked businesses in the US accounted for 34% of incidents recorded in Q2 2021. Notably, even though Europe saw the largest increase in reported incidents (52%), the UK registered a drop of 19% in the time period.
According to the researchers, Q2 2021 was an interesting quarter for ransomware as it managed to attract unprecedented attention from the US administration.
Interestingly, the fear of repercussions from the authorities even prompted the cybercriminal underground forums that provide safe haven for these cybercriminals to institute a ban on ransomware advertisements.
The good however is that the report shows that attacks across several sectors, such as information and the manufacturing sectors, were down.
“Organizations shouldn’t get complacent, however, and should use this as an opportunity to figure out what has worked well and how they could tighten up their defences against future attacks,” suggested Adam Philpott, EMEA President at McAfee Enterprise.
If the threat actors were expecting the threat of action from the authorities has blown over, they have another thing coming as US President Joe Biden has announced plans to bring together over 30 countries to jointly tackle the rising ransomware menace.