UK Report Warns of Ransomware Being the 'Perfect Storm'

Stu Sjouwerman | Mar 31, 2021

Ransomware is Perfect StormAccording to the recent report by the Royal United Services Institute (RUSI) , they are sending a warning to organisations in the UK that ransomware is becoming more and more costly to organizations more than ever before.

The types of ransomware attacks the report identified were ranging from the frequency of ransomware payouts to the impact COVID-19 has on malicious actors infiltrating a network. You may be asking, "Why is this attack still popular with the bad guys?". The answer is simple - the ransom victims are willing to pay is too good for them to pass up. 

A section of the report states, "The more organisations that pay a ransom, the more acceptable the notion of paying a ransom to solve the problem becomes."

With the increase in Ransomware-as-a-Service (RaaS), it will even be easier for malicious actors with a low cybersecurity skill to infiltrate your organisation's network. Simply pay a small fee to the dark web and the bad guys have all the tools they need to use for their attacks. "Recent evidence suggesting that ransomware operators are on active recruitment drives for new talent are a concerning sign that the scale of the threat is still increasing," stated from the report. 

As your users continue to work in a remote work environment, it's only going to get worse with cybercriminals taking advantage. New-school security awareness training can ensure your users are prepared to safely identify and report any suspicious activity. 

ZDNet has the full story

Topics: Ransomware

Ransomware Simulator

Free downloadable software tool

Threat actors are constantly coming out with new strains to evade detection. Is your network effective in blocking all of them when employees fall for social engineering attacks?

RanSim gives you a quick look at the effectiveness of your existing network protection. RanSim will test 24 ransomware infection scenarios and 1 cryptomining infection scenario and show you if a workstation is vulnerable.

RansIm-Monitor3Here's how it works:

  • 100% harmless simulation of real ransomware and cryptomining infections
  • Does not use any of your own files
  • Tests 25 types of infection scenarios
  • Just download the installer and run it
  • Results in a few minutes!

Get RanSim!

Secure the Digital Workforce: Human + AI

KnowBe4 empowers the modern workforce to make smarter security decisions every day. Trusted by more than 70,000 organizations worldwide, KnowBe4 is the pioneer of digital workforce security, securing both AI agents and humans. The KnowBe4 Platform provides attack simulation and training, collaboration security, and agent security powered by AIDA (Artificial Intelligence Defense Agents) and a proprietary Risk Score. The platform leverages 15 years of behavioral data to combat advanced threats including social engineering, prompt injection, and shadow AI. By securing humans and agents, KnowBe4 leads the industry in workforce trust and defense.