Corporations have been assailed by an almost endless variety of cyber attacks these past few years, and these attacks are making it rather difficult for these companies to do good business. Microsoft has just released the latest iteration of its annual Digital Defence Report or the MDDR for short, and this revealed some concerning insights into the state of cybersecurity as of right now.
Ransomware as a service, or RaaS, was highlighted particularly because of the fact that this is the sort of thing that could potentially end up making it easier for malicious actors to conduct their cyber attacks. They are currently being used to spread all sorts of fake news and misinformation and giving them a much more elevated platform than might have been the case otherwise.
With all of that having been said and now out of the way, it is important to note that the current invasion of Ukraine by Russia took center stage in this report. In spite of the fact that this is the case, other nation states have also been engaging in cyber warfare, and this has resulted in a huge number of cyber attacks that target critical infrastructure. 40% of all cyber attacks launched by one nation state to target another now target critical infrastructure with all things having been considered and taken into account.
Ransomware in general is seeing a huge uptick, and it is a core component of the wider attacks on infrastructure that are being conducted. The healthcare sector is quite vulnerable to such attacks since people’s lives could be put at risk if the encrypted information is not reacquired, and educational organizations are also at risk here which is dangerous considering how much sensitive data they can hold that pertains to underage minors.
There are also examples national emergencies being declared due to ransomware attacks as can be seen in the case of Costa Rica. All of this data suggests that security threats are reaching unforeseen proportions, and unless drastic steps are taken their rate of increase will only continue to rise and that can pose a lot of risks.
Read next: If You Are Using Outdated Android And iOS Operating System, There Is A High Risk That Your Device Can Come Under Security Attacks
Ransomware as a service, or RaaS, was highlighted particularly because of the fact that this is the sort of thing that could potentially end up making it easier for malicious actors to conduct their cyber attacks. They are currently being used to spread all sorts of fake news and misinformation and giving them a much more elevated platform than might have been the case otherwise.
With all of that having been said and now out of the way, it is important to note that the current invasion of Ukraine by Russia took center stage in this report. In spite of the fact that this is the case, other nation states have also been engaging in cyber warfare, and this has resulted in a huge number of cyber attacks that target critical infrastructure. 40% of all cyber attacks launched by one nation state to target another now target critical infrastructure with all things having been considered and taken into account.
Ransomware in general is seeing a huge uptick, and it is a core component of the wider attacks on infrastructure that are being conducted. The healthcare sector is quite vulnerable to such attacks since people’s lives could be put at risk if the encrypted information is not reacquired, and educational organizations are also at risk here which is dangerous considering how much sensitive data they can hold that pertains to underage minors.
There are also examples national emergencies being declared due to ransomware attacks as can be seen in the case of Costa Rica. All of this data suggests that security threats are reaching unforeseen proportions, and unless drastic steps are taken their rate of increase will only continue to rise and that can pose a lot of risks.
Read next: If You Are Using Outdated Android And iOS Operating System, There Is A High Risk That Your Device Can Come Under Security Attacks
