RANSOMWARE: RANSOMWARE KPI/ Is Your SME Vulnerable to Ransomware Attacks?

What is Ransomware?

Ransomware uses encryption to hold a victim’s information at ransom, rendering it inaccessible until the attacker receives a payment. The malware has evolved to become increasingly sophisticated, with attackers now employing double-extortion and triple-extortion tactics. For instance, in a double-extortion attack, Cybercriminals not only encrypt the victim’s data but also steal it, threatening to leak it if the ransom is not paid. This added layer of extortion creates additional pressure on the victims to meet the attackers’ demands.

How Ransomware Works

To infect systems, Ransomware attacks use various methods, including phishing emails and other social engineering techniques. For example, attackers may disguise malicious links or files within emails, duping recipients into clicking on them and inadvertently downloading the Ransomware. Additionally, the use of social engineering tactics can manipulate individuals into taking actions that compromise the security of their systems, such as disclosing sensitive information or installing malicious software.