Page 139 - Cyber Defense eMagazine October 2023
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The Evolving Landscape of Ransomware



            Attacks


            2023 – What is new in the world of Ransomware

            By Elena Thomas, Digital Marketing Manager, SafeAeon Inc.



            Ransomware has been making headlines since 2021, and it continues to do so. 1.7 million ransomware
            attacks are happening every day. It is a kind of malware attack that encodes the target's data and then
            inhibits them from having access until they successfully make a ransom payment. Many people think the
            virus has locked their computer, but it is actually the ransomware that has locked all their files. These
            attackers are changing their tactics from the primary extortion technique and focusing on data theft to
            have more leads over the firms that depend on the backups.

            The  new  advancements,  such  as  law  execution  restrictions  on  ransomware,  international  consents,
            changes  in  government  norms,  and  the  impending  regulation  of  crypto,  will  force  the  opponents  to
            overcome these challenges and benefit from the new opportunities. Here are the 6 changes that can
            prove to be vital for cybersecurity leaders in defending the new exploits.








            Cyber Defense eMagazine – October 2023 Edition                                                                                                                                                                                                          139
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