Global cyber-attacks have risen by 7% in the first quarter of 2023 compared to the same period last year. Out of those attacks, ransomware attacks remain the most prevalent type of attack, accounting for 36% of all incidents.
Why this matters: In this age of interconnectivity, the last thing anyone wants to read is that cyber-attacks have risen. While the volume of attacks has only risen marginally, we have witnessed several sophisticated campaigns from cyber-criminals who are finding ways to weaponize legitimate tools for malicious gains. Actions must be taken to defend against these sorts of threats.
- The most common type of ransomware attack involved the use of encryption, with 60% of all ransomware incidents involving some form of encryption of the victim’s data.
- There is a rise in the use of so-called “double extortion” tactics, where attackers not only encrypt the victim’s data but also threaten to release it publicly unless a ransom is paid.
- It’s a good idea to keep computers and servers up-to-date, complete regular cyber awareness training and use better threat prevention tools, among other cyber safety tips.