5 Reasons Why Ransomware is so Rampant Right Now

5 Reasons Why Ransomware is so Rampant Right Now

Ransomware attacks continue to pose significant risks against all types of businesses. These cybercriminals use a variety of methods to trick unsuspecting employees into downloading ransomware and encrypting valuable information. Understanding how to stay proactive against these threats is essential in keeping your business safe.

Here are a few of the reasons why ransomware is so prevalent right now. 

1) Remote Employees

One of the main factors in the increasing number of ransomware attacks is the prevalence of remote workers. The pandemic forced many companies into using a remote work environment, which makes it much more likely for employees to fall victim to these schemes.

2) Ransomware-as-a-Service

Another reason these attacks are more widespread is due to cybercriminals selling ransomware varients on the dark web. Collaboration between cybercriminals across the globe continues to significantly increase the volume of ransomware attacks.

3) More Businesses Giving in to the Demands

Ransomware continues to remain a major problem because more businesses are giving in to these demands. Some organizations feel that they have no other option due to being locked out from accessing vital data. Giving in to these demands will only continue to further boost the number of ransomware schemes.

4) Evolving Tactics

Ransomware isn't only limited to encrypting information, as many of these attacks now involve leaking confidential information to the general public if you don't give in to their demands. These data leaks can ruin your reputation while also causing significant problems with your consumer base.

5) Anonymous Attacks

Trying to find the person behind a ransomware attack is often a difficult task for law enforcement agencies. These cybercriminals use the Tor network to remain anonymous, and they use Bitcoin for receiving payments.

Ransomware will continue to be prevalent due to a variety of reasons. Staying vigilant and educating your employees about these evolving threats is essential in keeping your data safe from ransomware schemes.