{"id":7756,"date":"2022-08-06T16:10:08","date_gmt":"2022-08-06T10:40:08","guid":{"rendered":"https:\/\/threatcop.com\/blog\/?p=7756"},"modified":"2025-07-11T14:50:44","modified_gmt":"2025-07-11T09:20:44","slug":"ransomware-attacks","status":"publish","type":"post","link":"https:\/\/threatcop.com\/blog\/ransomware-attacks\/","title":{"rendered":"How to Mitigate Ransomware Attacks? Threat to Digital Security"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Cyber attacks are already the biggest threat to organizations in the modern world. Of these, ransomware attacks are the most dangerous and devastating ones, especially in terms of damage inflicted. This infamous form of cyber attacks is based on the concept of the double extortion model.<\/span><\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #414141;color:#414141\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #414141;color:#414141\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#What_is_a_Ransomware_Attack\" >What is a Ransomware Attack?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Book_a_Free_Demo_Call_with_Our_People_Security_Expert\" >Book a Free Demo Call with Our People Security Expert<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Enter_your_details\" >Enter your details<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#How_Does_a_Ransomware_Attack_Work\" >How Does a Ransomware Attack Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Notable_Ransomware_Attacks_Worldwide\" >Notable Ransomware Attacks Worldwide<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Birmingham_College_Hack\" >Birmingham College Hack<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Acer_Loses_50_Million_in_a_Ransomware_Attack\" >Acer Loses $50 Million in a Ransomware Attack<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Lapsu_targeted_Nvidia\" >Lapsu$ targeted Nvidia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Colonial_Pipeline_under_Ransomware_Attack\" >Colonial Pipeline under Ransomware Attack<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Chemical_Distributor_Brenntag_Paid_44_Million_Ransom\" >Chemical Distributor Brenntag Paid $4.4 Million Ransom<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Most_Infamous_Ransomware_Groups\" >Most Infamous Ransomware Groups<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Darkside_Ransomware_Group\" >Darkside Ransomware Group<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Dharma_Ransomware_Group\" >Dharma Ransomware Group<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Conti_Ransomware_Group\" >Conti Ransomware Group<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#REvil_Ransomware_Group\" >REvil Ransomware Group<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#How_to_Mitigate_the_Risk_of_Ransomware_Attacks\" >How to Mitigate the Risk of Ransomware Attacks?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Backup_Data_at_Multiple_Locations\" >Backup Data at Multiple Locations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Use_Multi-factor_Authentication\" >Use Multi-factor Authentication<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Email_Security\" >Email Security<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Cybersecurity_Awareness\" >Cybersecurity Awareness<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/threatcop.com\/blog\/ransomware-attacks\/#Proactive_Practices_and_Security_Awareness_are_the_Solutions\" >Proactive Practices and Security Awareness are the Solutions<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Ransomware attacks could incur huge damage to the organizations financially and reputationally. These attacks can lead to data breaches and exploit system vulnerabilities. The number of ransomware attacks has reportedly increased in the last few years.<\/span><\/p>\n\n\n<style type=\"text\/css\">\n      @media print, screen and (max-width: 63.99875em){\n      .tnp-submit\n      width: 48%;\n      }\n      .wp-block-tnp-minimal{\n      padding: 20px;\n      }\n      .blog_para\n      margin-top: 4px !important;\n      line-height: 25px !important;\n      font-size: 15px !important;\n      }\n\n      }\n      .blog_para{\n      font-family: jost,sans-serif;\n      margin-top: 14px;\n      margin-bottom: 30px;\n      color: #fff;\n      font-size: 15px !important;\n      color: black !important;\n\n      }\n\n      .wp-block-tnp-minimal{\n      padding:20px;\n      border: 1px solid grey;\n      }\n\n      .tnp-submit a{\n        background: #1d58c7!important;\n    border-radius: 5px!important;\n    text-transform: inherit!important;\n    padding: 8px 25px!important;\n    font-weight: 600!important;\n    color: #fff!important;\n    width: 30%!important;\n    border: none;\n      }\n\n      .blog_get{\n      font-size: 24px !important;\n      font-weight: 700;\n      padding-bottom: 0px;\n    font-family: 'Poppins' !important;\n      margin-bottom: 0px;\n      margin-top: 0px;\n      margin-bottom: 0px !important;\n      color: white;\n          line-height: 30px;\n          color: white;\n      }\n      .row{\n             display: flex;\n    flex-wrap: wrap;\n    flex-direction: row;\n    padding: 25px 0px 25px 36px;\n    align-items: center;\n\n      }\n\n.colLeft{\n         flex-basis:50%;\n    -webkit-box-flex: 0;\n    flex-grow: 0;\n    max-width: 50%;\n    color: white;\n}\n    \n .colRight{\n       flex-basis: 45%;\n    -webkit-box-flex: 0;\n    flex-grow: 0;\n    max-width: 50%;\n }\n\n.tnp-subscription-minimal{\n    float: right;\n}\n<\/style>\n<div style=\"max-width: 741px; margin: 0 auto; background-image: url('https:\/\/awareness.threatcop.ai\/marketing\/linkedinlowerbanner.webp'); background-repeat: no-repeat; background-size: cover; background-position: center; \">\n<div class=\"row\">\n<div class=\"colLeft\">\n<p class=\"blog_get\" style=\"font-family: 'Poppins' !important; color: white !important\">Subscribe to Our Newsletter On Linkedin<\/p>\n<p class=\"blog_para\" style=\"font-size: 16px;font-family: 'Poppins' !important; color: white !important; margin-top: 10px; margin-bottom: 28px;line-height: 25px;\">Sign up to Stay Tuned with the Latest Cyber Security News and Updates<\/p>\n\n<div>\n<div class=\"tnp\" style=\"margin-bottom: 10px;\">\n            <form action=\"https:\/\/threatcop.com\/newsletter-thank-you\" method=\"get\" target=\"_blank\">\n<div class=\"tnp-submit\">\n                  <a class=\"libutton\" href=\"https:\/\/www.linkedin.com\/build-relation\/newsletter-follow?entityUrn=7062043746430783488\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a><\/div>\n<\/form><\/div>\n<\/div>\n<\/div>\n<div class=\"colRight\">\n<div>\n<div class=\"tnp tnp-subscription-minimal \">\n            <img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/marketing\/newsletter-icon.webp\" class=\"img-fluid\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Ransomware_Attack\"><\/span><b>What is a Ransomware Attack?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Ransomware is malicious software that is developed and injected into a system to block its access to users and encrypt the existing data. The main motive of encrypting the data is to make victims pay the demanded ransom in exchange for the decryption key or data. Once the attackers get into a system, they encrypt all its data and then freeze the screen with the message of the attack and ransom demands.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">In some cases, during encryption, the index of data on a system is encrypted into gibberish, which can only be restored using a decryption key. In other cases, screen lockers simply block user access to the system by freezing the screen, declaring that the system is encrypted.<\/span><\/p>\n\n\n<div class=\"wp-block-image wp-image-7759 size-full\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"453\" src=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Wikipedia.png\" alt=\"Ransomware Attacks\" class=\"wp-image-7759\" srcset=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Wikipedia.png 600w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Wikipedia-300x227.png 300w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Wikipedia-80x60.png 80w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Wikipedia-500x378.png 500w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><figcaption class=\"wp-element-caption\"><span style=\"color: #000000;\">(Source: Wikipedia)<\/span><\/figcaption><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Several notable companies all across the globe have fallen victim to this vindictive attack. Cybercriminals spare no one and can attack any institution or business across all industries. Various government and security agencies advise people against paying the ransom as this increases the occurrence of these attacks.<\/span><\/p>\n\n\n\n<!DOCTYPE html>\r\n<html lang=\"en\">\r\n\r\n<head>\r\n    <meta charset=\"UTF-8\">\r\n    <meta http-equiv=\"X-UA-Compatible\" content=\"IE=edge\">\r\n    <meta name=\"viewport\" content=\"width=device-width, initial-scale=1.0\">\r\n    <title>Document<\/title>\r\n<\/head>\r\n\r\n<style>\r\n    .interestedBtn {\r\n        width: 80% !important;\r\n        box-sizing: border-box !important;\r\n        display: inline-block !important;\r\n        padding: 11px !important;\r\n        border: 1px !important;\r\n        border-color: #ddd !important;\r\n        margin-top: 10px !important;\r\n        background-color: #183e8b !important;\r\n        background-image: none !important;\r\n        text-shadow: none !important;\r\n        color: #fff !important;\r\n        font-size: 14px !important;\r\n        line-height: 20px !important;\r\n        border-radius: 5px !important;\r\n        margin: 0 !important;\r\n        cursor: pointer !important;\r\n        box-shadow: 0px 4.66px 22.99px 0px rgba(0, 0, 0, 0.10);;\r\n    }\r\n\r\n\r\n        .formSec .formSecTwo{\r\n            padding-top: 15px !important;\r\n            margin-bottom: 30px !important;\r\n        }\r\n\r\n\r\n    .tnp-email {\r\n        width: 80% !important;\r\n        box-sizing: border-box;\r\n        padding: 8px 10px;\r\n        display: inline-block;\r\n        border: 1px solid #ced4da;\r\n        background: #fff;\r\n        color: #000 !important;\r\n        font-size: 13px;\r\n        line-height: 20px;\r\n        border-radius: 2px;\r\n        padding-right: 30px;\r\n        margin-bottom: 0px;\r\n    }\r\n\r\n    .formSec {\r\n        border: 1px solid #ced4da;\r\n        float: left !important;\r\n        width: 55% !important;\r\n    }\r\n\r\n    .mainBox {\r\n       \/* border: 1px solid #183e8b;*\/\r\n         background: white;\r\n        max-width: 600px !important;\r\n        margin: 0 auto !important;\r\n        padding: 20px !important;\r\n        font-family: Arial, Helvetica, sans-serif !important;\r\n    }\r\n\r\n    .boxDiv {\r\n        display: flex !important;\r\n    }\r\n\r\n    .boxConsult {\r\n        float: left !important;\r\n        width: 45% !important;\r\n        padding: 10px !important;\r\n    }\r\n\r\n    .formSecTwo {\r\n        text-align:center !important;\r\n        width: 100% !important;\r\n    }\r\n\r\n    .formHeading {\r\n        font-family: Arial, Helvetica, sans-serif;\r\n        margin-top: 0px;\r\n        font-weight: 700;\r\n        line-height: 25px;\r\n        font-size: 18px !important;\r\n        \r\n       margin-bottom: 60px !important;\r\n       color: #000!important;\r\n          margin-top: 5px !important;\r\n    }\r\n\r\n    .fieldHeading {\r\n        margin: 0 !important;\r\n        font-size: 13px !important;\r\n        text-align: left !important;\r\n        margin: 0px 39px 2px 93px !important;\r\n        font-weight: 500 !important;\r\n    }\r\n\r\n    .image {\r\n        max-width:90% !important;\r\n        height: auto !important;\r\n    }\r\n\r\n     .email-icon {\r\n            position: absolute;\r\n            right: 50px;\r\n             top: 20px;\r\n            transform: translateY(-50%);\r\n            pointer-events: none; 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\/* Make sure the icon doesn't block clicking on the input *\/\r\n        }\r\n       \r\n        .email-container{\r\n             position: relative;\r\n        }\r\n\r\n    }\r\n<\/style>\r\n\r\n<body>\r\n\r\n    <div class=\"mainBox\" box-sizing:=\"\" border-box;=\"\">\r\n\r\n        <div class=\"boxDiv\">\r\n\r\n            <div class=\"boxConsult\">\r\n                <div>\r\n                    <h3 class=\"formHeading\" style=\" font-size: 16px !important;\"><span class=\"ez-toc-section\" id=\"Book_a_Free_Demo_Call_with_Our_People_Security_Expert\"><\/span>\r\n                        Book a Free Demo Call with Our People Security Expert<span class=\"ez-toc-section-end\"><\/span><\/h3>\r\n                <\/div>\r\n                <img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/threatcop_blog\/form.svg\" class=\"image\">\r\n            <\/div>\r\n\r\n            <div class=\"formSec\">\r\n                <div class=\" formSecTwo\">\r\n                    <h4 style=\"margin-top: 0; font-size: 16px !important;\"><span class=\"ez-toc-section\" id=\"Enter_your_details\"><\/span>Enter your details<span class=\"ez-toc-section-end\"><\/span><\/h4>\r\n                    <div class=\"tnp tnp-subscription-minimal\">\r\n                        <form action=\"https:\/\/threatcop.com\/thankyou-blog\" method=\"get\" target=\"_blank\">\r\n                            <div class=\"email-container\" style=\"margin-bottom:20px;\">\r\n\r\n                                <input class=\"tnp-email\" type=\"text\" required=\"\" name=\"FullName\" value=\"\"\r\n                                    placeholder=\"Full Name\">\r\n                                    <span class=\"email-icon\"><img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/threatcop_blog\/icon01.svg\" class=\"img-fluid\" \/><\/span>\r\n                            <\/div>\r\n\r\n                            <div class=\"email-container\" style=\"margin-bottom:20px;\">\r\n                               \r\n                                <input class=\"tnp-email\" type=\"email\" required=\"\" name=\"email\" value=\"\"\r\n                                    placeholder=\"Corporate Email Id\">\r\n                                     <span class=\"email-icon\"><img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/threatcop_blog\/icon02.svg\" class=\"img-fluid\" \/><\/span>\r\n                            <\/div>\r\n\r\n                            <div class=\"email-container\" style=\"margin-bottom:20px;\">\r\n                               \r\n                                <input class=\"tnp-email\" type=\"text\" required=\"\" name=\"CompanyName\" value=\"\"\r\n                                    placeholder=\"Company Name\">\r\n                                    <span class=\"email-icon\"><img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/threatcop_blog\/icon03.svg\" class=\"img-fluid\" \/><\/span>\r\n\r\n                            <\/div>\r\n\r\n                            <div class=\"email-container\">\r\n                               \r\n                                <input class=\"tnp-email\" type=\"number\" required=\"\" name=\"Phone\" value=\"\"\r\n                                    placeholder=\"Phone No.\"><br>\r\n                                    <span class=\"email-icon\"><img decoding=\"async\" src=\"https:\/\/awareness.threatcop.ai\/threatcop_blog\/icon04.svg\" class=\"img-fluid\" \/><\/span>\r\n                            <\/div>\r\n                            <input type=\"hidden\" name=\"BlogForm\" value=\"BlogForm\"><br>\r\n                            <input class=\"tnp-submit interestedBtn\" name=\"submit\" type=\"submit\"\r\n                                value=\"SUBMIT\">\r\n\r\n                        <\/form>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n\r\n        <\/div>\r\n    <\/div>\r\n\r\n<\/body>\r\n\r\n<\/html>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_a_Ransomware_Attack_Work\"><\/span><span style=\"color: #000000;\"><b>How Does a Ransomware Attack Work?<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Ransomware is a type of cyber attack where threat actors use various attack vectors to infect the systems of target users with malware or virus-embedded software. Once the system is infected with malware, it provides cyber attackers with access to its data. They can then track the system\u2019s functioning and explore the data at will.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Once the threat actors gain access to the system, they can download all the data and extort the organization for ransom. They can also encrypt the data and freeze the system, disrupting the activities of the whole organization. In this way, they not only exploit the target\u2019s data but also leverage it for ransom. Also, they can demand money for decrypting data or providing some solution to secure organizations from future malware attacks. That\u2019s why ransomware attacks are believed to be based on a double extortion mechanism.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">In most cases, the demanded ransom from the victim comes with a deadline. If the victim fails to pay within the provided timeline, the data might get lost forever, or exposed to the public, or sold to competitors. Ransomware attacks are very common these days and have impacted organizations globally.&nbsp;<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.washingtonpost.com\/wp-apps\/imrs.php?src=https:\/\/arc-anglerfish-washpost-prod-washpost.s3.amazonaws.com\/public\/43BNHMZ7XFCMVAQOB37COONEFA.gif&amp;w=800\" alt=\"Ransomware Attack\"\/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Notable_Ransomware_Attacks_Worldwide\"><\/span><b>Notable Ransomware Attacks Worldwide<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Birmingham_College_Hack\"><\/span><b>Birmingham College Hack<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">According to an <\/span><span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/feweek.co.uk\/all-hell-was-breaking-loose-how-a-cyber-attack-closed-down-a-college\/\" target=\"_blank\" rel=\"noopener\"><b>article<\/b><\/a><\/span><span style=\"font-weight: 400; color: #000000;\">, Birmingham College fell victim to a ransomware attack which led the institution to ask their 20,000 students to stay at home for a week.\u00a0<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">The threat actor behind Birmingham ransomware attack was never identified and the information about the attack was relayed through a series of tweets. The same tweets notified the students about the classes to be resumed online, meanwhile the experts were striving to recover the exploited system.<\/span><\/p>\n\n\n<div class=\"wp-block-image wp-image-7758 size-full\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"564\" height=\"398\" src=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Twitter.png\" alt=\"Ransomware ATtack\" class=\"wp-image-7758\" srcset=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Twitter.png 564w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Twitter-300x212.png 300w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Twitter-80x56.png 80w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/Twitter-500x353.png 500w\" sizes=\"auto, (max-width: 564px) 100vw, 564px\" \/><figcaption class=\"wp-element-caption\"><span style=\"color: #000000;\">(source: Twitter)<\/span><\/figcaption><\/figure>\n<\/div>\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Acer_Loses_50_Million_in_a_Ransomware_Attack\"><\/span><b>Acer Loses $50 Million in a Ransomware Attack<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Acer became a victim of the infamous ransomware group REvil that caused a <strong>financial damage of $50 million<\/strong>. An article by PCMag reported that REvil gave a deadline to Acer for paying the demanded ransom, after which the stolen data would be exposed to the public. During the analysis, it was found that REvil exploited the Microsoft Exchange vulnerability to carry out this attack.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Microsoft released the patch later in 2021 to contain the vulnerability. The vulnerability was named \u2018Hafnium\u2019. The <span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/threatcop.com\/blog\/ransomware-groups\/\"><strong>ransomware group<\/strong><\/a><\/span> announced the breach on their data leak website with some images as proof. REvil was also found guilty of carrying out a ransomware attack on Travelex, incurring financial damage of $6 million on the London-based foreign exchange company.<\/span><\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\">\u201cAcer routinely monitors its IT systems, and most cyberattacks are well defended. Companies like us are constantly under attack, and we have reported recent abnormal situations observed to the relevant law enforcement and data protection authorities in multiple countries.\u201d<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000; background-color: #fefefe; font-family: 'Noto Sans', sans-serif;\">\u201cWe have been continuously enhancing our cybersecurity infrastructure to protect business continuity and our information integrity. We urge all companies and organizations to adhere to cyber security disciplines and best practices and be vigilant to any network activity abnormalities.\u201d<\/span><\/p>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><span style=\"color: #8a8a8a; background-color: #fefefe; font-family: 'Noto Sans', sans-serif; font-weight: 400;\"><span style=\"color: #000000;\">Statement made by<\/span> <\/span><span style=\"color: #183994;\"><a style=\"background-color: #fefefe; font-family: 'Noto Sans', sans-serif; color: #183994;\" href=\"https:\/\/www.secureworld.io\/industry-news\/acer-hit-with-highest-ransomware-demand-ever#:~:text=%22Acer%20routinely%20monitors%20its%20IT,protection%20authorities%20in%20multiple%20countries.\" target=\"_blank\" rel=\"noopener\"><b>Acer<\/b><\/a><\/span><\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lapsu_targeted_Nvidia\"><\/span><b>Lapsu$ targeted Nvidia<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Nvidia is a <\/span><span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/www.cshub.com\/attacks\/articles\/five-ransomware-attacks-in-2022-so-far-you-should-know-about\" target=\"_blank\" rel=\"noopener\"><b>US-based<\/b><\/a><\/span><span style=\"font-weight: 400; color: #000000;\"> largest microchip manufacturer who became victim of a ransomware attack on 28th February, 2022. They were attacked by a ransomware gang known as Lapsu$. The group threatened the company to expose their 1TB data by 4th March, if the ransom isn\u2019t paid. However, Nvidia had backup of their data due to which they haven\u2019t paid any ransom yet and are still in the process of analyzing the compromised data.<\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">The breach occurred on the systems of Nvidia, revealing the company\u2019s proprietary data and employees credentials along with source codes of some important applications and softwares. In response to the attack, the company went offline for two days.<\/span><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/cdn.dribbble.com\/users\/19417\/screenshots\/3876457\/ransomware_f45747_800x600_dribbble.gif\" alt=\"Ransomware\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Colonial_Pipeline_under_Ransomware_Attack\"><\/span><b>Colonial Pipeline under Ransomware Attack<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Colonial pipeline is a 5,500 mile-long gas pipeline, which is the largest in the United States. They became victims of a ransomware attack, leading to a 5-day shutdown and disrupting gas services at 10,000 gas stations across the country. The gang responsible for this attack was <strong>Darkside ransomware<\/strong>, which demanded <strong>a ransom of $4.4 million.<\/strong><\/span><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400;\"><span style=\"color: #000000;\">The Colonial Pipeline paid the ransom in the form of cryptocurrency and received a decrypting tool in exchange to restore their computer network. However, the decrypting tool was found to be very slow and the company utilized the alternative of restoring their data from backups. The FBI traced a significant amount of transfer being made but the ledger was password protected.<\/span>&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Chemical_Distributor_Brenntag_Paid_44_Million_Ransom\"><\/span><b>Chemical Distributor Brenntag Paid $4.4 Million Ransom<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">In another attack, Darkside ransomware group targeted the chemical distributor company, Brenntag. The <\/span><b>ransomware group claimed to have stolen over 150GB of their data<\/b><span style=\"font-weight: 400;\"> and they showcased a page of leaked private data as a proof. <\/span><b>Darkside demanded the ransom of $7.5 million but after the negotiations, they were paid $4.4 million by the company. <\/b><span style=\"font-weight: 400;\">Darkside ransomware carried out this attack through their affiliate, who were able to steal credentials.&nbsp;<\/span><\/span><\/p>\n\n\n<div class=\"wp-block-image wp-image-7757 size-full\">\n<figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"512\" src=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware.jpg\" alt=\"Ransomware\" class=\"wp-image-7757\" srcset=\"https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware.jpg 800w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware-300x192.jpg 300w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware-768x492.jpg 768w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware-80x51.jpg 80w, https:\/\/threatcop.com\/blog\/wp-content\/uploads\/2022\/08\/HackBit-Ransomware-500x320.jpg 500w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption class=\"wp-element-caption\"><span style=\"color: #000000;\">(Source: Threatpost)<\/span><\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Most_Infamous_Ransomware_Groups\"><\/span><b>Most Infamous Ransomware Groups<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Darkside_Ransomware_Group\"><\/span><b>Darkside Ransomware Group<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">The Darkside ransomware group is based on Ransomware as a Service (RaaS) model. This means, their hackers have partnership with third-party affiliates, who delegate RaaS attacks on the target organization. Through this method, <\/span><b>Darkside is able to earn about 20% to 30% of the acquired ransom, while the rest goes to the affiliate.&nbsp;<\/b><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dharma_Ransomware_Group\"><\/span><span style=\"color: #000000;\"><b>Dharma Ransomware Group<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Dharma ransomware group is another group of threat actors who are known for their complicated <\/span><span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/www.coveware.com\/dharma-ransomware-payment\" target=\"_blank\" rel=\"noopener\"><b>decryption tool<\/b><\/a><\/span><span style=\"color: #000000;\"><span style=\"font-weight: 400;\">. The <\/span><b>average demanded ransom by the group is $66,688<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>average duration of the complete attack is 14 days<\/b><span style=\"font-weight: 400;\">, which is much lower than the other ransomware groups. This ransomware group is believed to <\/span><b>use 83% times remote desktop protocol as an attack vector, while 17% times phishing emails.<\/b><span style=\"font-weight: 400;\"> Dharma ransomware group is also known as CrySis as they target Windows XP and exploit user\u2019s files in the directory.<\/span><\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conti_Ransomware_Group\"><\/span><span style=\"color: #000000;\"><b>Conti Ransomware Group<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">This group mostly targets <\/span><span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/www.coveware.com\/conti-ransomware\" target=\"_blank\" rel=\"noopener\"><b>mid- and large-sized organizations<\/b><\/a><\/span><span style=\"font-weight: 400; color: #000000;\"> and their average ransom is $480,333, while the average duration of the ransomware attack is 15 days. The group provides quite a straightforward and simple decryption tool and their data recovery rate is pretty high. <strong>The attack vectors of Conti ransomware group are 33% remote desktop protocol, 34% phishing emails, and 33% software &amp; hardware vulnerabilities.<\/strong> Conti is known for exploiting various vulnerabilities in Microsoft products.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"REvil_Ransomware_Group\"><\/span><span style=\"color: #000000;\"><b>REvil Ransomware Group<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">This ransomware group is regarded to be among the most ruthless gang. They employ RaaS affiliate to carry out the attack. In one of their <\/span><span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/www.darkreading.com\/threat-intelligence\/revil-most-popular-ransomware-variant-in-2021-so-far-\" target=\"_blank\" rel=\"noopener\"><b>attacking spree<\/b><\/a><\/span><span style=\"color: #000000;\"><span style=\"font-weight: 400;\"> in the first six months of 2021, they carried out <\/span><b>25% of all the ransomware attacks. <\/b><span style=\"font-weight: 400;\">The group has targeted some of the crucial companies like Acer, JBS, Kaseya, and Quanta Computer Inc.<\/span><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Mitigate_the_Risk_of_Ransomware_Attacks\"><\/span><span style=\"color: #000000;\"><b>How to Mitigate the Risk of Ransomware Attacks?<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Ransomware attacks are a menace to the cyber world, and the greed of money often attracts more ransomware groups into the field. However, organizations can simply employ some practices to mitigate the risk associated with ransomware attacks. They are listed below.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Backup_Data_at_Multiple_Locations\"><\/span><span style=\"color: #000000;\"><b>Backup Data at Multiple Locations<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Every organization must make at least two copies of their data; that is, they must back up data to an external source. The data backup allows the company to restore their data in case the existing data is encrypted or lost. In the above-mentioned several attacks, organizations have started restoring their data from backup even before they retrieved the decrypting tool.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Use_Multi-factor_Authentication\"><\/span><span style=\"color: #000000;\"><b>Use Multi-factor Authentication<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">The MFA provides an additional layer of security over passwords or account credentials. The MFA is used as a double authentication technique, where one is static and the other is in real-time like an OTP on a registered contact number. So, the benefit of MFA is that even if the credentials have been compromised, the threat actor cannot access the data because they won\u2019t have the real-time generated password.&nbsp;<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Email_Security\"><\/span><span style=\"color: #000000;\"><b>Email Security<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Every organization must employ email security tools to make sure that their communication media is secure. The email security tools not only protect the email domain but also improve <span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/threatcop.com\/blog\/increase-domain-reputation-and-email-deliverability\/\"><strong>email deliverability<\/strong><\/a><\/span>. Organizations must use <span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/threatcop.com\/blog\/what-is-dmarc\/\"><strong>DMARC<\/strong><\/a><\/span>, an email authentication protocol, and a phishing incident response tool to empower employees to report malicious emails.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cybersecurity_Awareness\"><\/span><span style=\"color: #000000;\"><b>Cybersecurity Awareness<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">The biggest cyber attacks are usually due to employee negligence and unawareness. They often get lured by the threat actors and lose credentials or data. The <span style=\"color: #183994;\"><a style=\"color: #183994;\" href=\"https:\/\/threatcop.com\/blog\/security-awareness-training-for-employees\/\"><strong>cybersecurity awareness training for employees<\/strong><\/a><\/span> is meant to educate them about various kinds of attack vectors and how to prevent them.<\/span><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Proactive_Practices_and_Security_Awareness_are_the_Solutions\"><\/span><span style=\"color: #000000;\"><b>Proactive Practices and Security Awareness are the Solutions<\/b><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><span style=\"font-weight: 400; color: #000000;\">Ransomware attacks are mostly carried out by ransomware groups who commonly use the dark web as a platform for marketing and commercializing the stolen data and credentials. Various organizations across the globe have suffered from ransomware attacks and lost millions of dollars. However, organizations can prevent ransomware attacks by being proactive and incorporating security practices. Along with that the organizations can employ tools of security awareness to train employees through simulation and learning management systems to make them the strongest line of defense.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyber attacks are already the biggest threat to organizations in the modern world. Of these, ransomware attacks are the most dangerous and devastating ones, especially in terms of damage inflicted. This infamous form of cyber attacks is based on the concept of the double extortion model. Ransomware attacks could incur huge damage to the organizations [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":7763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-7756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ransomware"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Mitigate Ransomware Attacks? Threat to Digital Security<\/title>\n<meta name=\"description\" content=\"The victim&#039;s data is encrypted in a ransomware attack, and hackers demand a large ransom in exchange for the decryption key. 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