What is Ransomware?
Ransomware is a malicious software designed by organized cyber criminals, aka “bad actors”, who determinedly work to infiltrate enterprise systems, steal and encrypt their data, and extort hundreds of thousands to millions of dollars from these hacked companies and their customers.
In the past, most of the attackers simply ask for the money in exchange for a key to the encryption so that companies can get access to their data again, but a recent evolution has been to leak sensitive or proprietary data or sell it off to others.
Recently Amazon introduced S3 Object Lock which stores objects using a write-once-read-many (WORM) model. This functionality provides both data protection—including extra protection against accidental or malicious deletion as well as ransomware—and regulatory compliance.
To learn more about the evolution of ransomware, what ransomware is, the impact of ransomware, and how to defend against ransomware, check out this on-demand webinar: The Rise of Ransomware and How It Has Impacted Enterprise Data Security
Learn more about protecting your files in our detailed guide to ransomware backup.
This is part of an extensive series of guides about ransomware data recovery.
List of Ransomware Attacks and Cyber Attacks in 2024
Attacks in October 2024
Ransomware Victims Report
Ransomware is one of the most widely discussed threats in cyber security. However, not enough research exists about the experiences of organizations that have actually suffered from ransomware attacks.
For this report, an independent research firm surveyed 200 IT decision makers whose organizations experienced a ransomware attack.
The findings reveal the cold, hard truth about such attacks:
- They are hard to prevent even when you’re prepared.
- Ransomware can penetrate quickly, significantly impacting an organization’s financials, operations, customers, employees and reputation.
- Even if you pay the ransom, there are other related costs that can be significant
Read this report to learn about:
- The experiences of ransomware victim organizations
- The importance of focusing greater attention on recovering from an attack
- How you can quickly and easily recover without having to pay ransom
Attacks in September 2024
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Attacks in December 2021
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Ransomware Protection Buyer’s Guide
Don’t let your company be next. Download our guide to understand ransomware threats and what you can do to protect your organization.
Typical Ransomware Attack Sequence
Van Flowers joins Jeff Lanza, a 20 year FBI veteran, to discuss REAL ransomware situations, cybercrime impact on companies, and what you should be looking out for to keep your company safe. The best defense is always being proactively prepared, and they’ll show you how protecting your data with object lock / immutability can prevent you from being yet another “it happened to me” on the FBI’s list of victims.