What happens in a Ransomware Attacks
When a company falls victim to a ransomware attack, the consequences can be severe and far-reaching. Files become inaccessible, operations may halt, leading to significant downtime and lost productivity.
Overall, a ransomware attack can have devastating effects on a company's operations, finances, and reputation; Moreover, depending on the nature of the data encrypted by the ransomware, there may also be legal and regulatory implications, such as fines for data breaches or lawsuits from affected parties.
New Ransomware Trend
Recent trends in ransomware attacks have shown an evolution towards more sophisticated tactics and targets. One emerging trend is the rise of double extortion, where attackers not only encrypt the victim's files but also threaten to leak sensitive data unless an additional ransom is paid. This tactic adds another layer of pressure on victims and increases the potential damage to their reputation and regulatory compliance.
The Latest Rasomware Statistics