Prevent Your Organization from a New Wave of Ransomware Pandemic

• Ransomware attacks continue to surge, hitting a 93% increase
• Federal agencies have put out clear messages that they will treat ransomware attacks as acts of terrorism
• Read blog to learn best practices to protect your organization

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Kaseya Attack by REvil

Biggest supply chain attack since Sunburst strikes over US Independence Day weekend, affecting over 1000 organizations globally

• Massive supply chain attack carried out by REvil over the 4^th of July weekend impacts numerous Kaseya customers with millions of USD in ransom demands
• Check Point Research (CPR) observes 15 new REvil attacks per week in the past 2 months with US, Germany, Brazil and India being the top countries affected by such attacks
• Ransomware attacks continue to surge globally, hitting a 93% increase year on year
• Attacked Check Point Harmony Endpoint customers remain protected

To Pay or Not to Pay is Not the Only Question

The number of ransomware attacks is growing for a simple reason, hackers are getting paid. The willingness to pay creates a dangerous loop and increases the motivation of attackers. The increase in attacks is also related to the availability of threats. Check Point Software’s Incident Response Team, which has dealt with countless ransomware cases worldwide, recommends following these steps when a ransomware attack occurs.

The State of Ransomware

It wasn’t that long ago that ransomware didn’t even exist. How did we get to this point? And is there any way to stop this most popular trend in cybercrime, before it’s too late?

How Your Organization Can Protect Itself

By the time you have finished reading this sentence, an organization somewhere in the world will have fallen victim to a ransomware attack and had at least some of its corporate data encrypted.  On average, the criminals behind ransomware attacks hit a new organization every 10 seconds during 2020. Less than five years ago, the cadence of attacks was around one every 40 seconds – showing just how the cyber-crime economy relies on ransomware as a revenue generator.

Anti-Ransomware

Check Point’s Anti-Ransomware solution defends organizations against the most sophisticated ransomware attacks, and safely recovers encrypted data, ensuring business continuity and productivity. Anti-Ransomware is offered as part of Harmony Endpoint – Check Point’s a complete endpoint security solution. Harmony Endpoint provides comprehensive endpoint protection at the highest security level, crucial to avoid security breaches and data compromise.

Evolution and Anatomy of Ransomware Attacks

Stories about ransomware takeovers have grown increasingly common in recent months and weeks. From the Colonial Pipeline attack to the JBS attack, ransomware represents a threat to businesses everywhere.

Broadly speaking, the term ransomware commonly denotes an attack that involves extorting financial resources from a target. However, ransomware is more nuanced than you might think. There are a variety of types of ransomware.

Microsoft Exchange Server Vulnerabilities

Over the past year, hospitals and the healthcare industry have been under tremendous pressure during the COVID-19 pandemic, not only dealing with surges in patient numbers, but also with shameless ransomware attacks launched by cybercriminals who see the sector as a soft target. However, it now seems that criminals are shifting their attention to new targets because they sense even easier opportunities for their extortion tactics.

The New Ransomware Threat: Triple Extortion

Global surge in ransomware attacks hits 102% increase this year compared to the beginning of 2020, and shows no sign of slowing down Between April and May 2021, APAC saw a 53% increase in cyberattacks.

• Number of organizations impacted by ransomware globally has more than doubled in the first half of 2021 compared with 2020
• The healthcare and utilities sectors are the most targeted sectors since the beginning of April 2021
• Organizations in Asia Pacific are targeted more than any other region
• Check Point Research (CPR) warns of new ransomware threat: Triple Extortion

Has Your Organization Been Compromised?

Check Point offers assessment tools that organizations can leverage, at no charge, to identify attacks operating within their environments. These solutions can pinpoint the presence of Sunburst indicators associated with network and endpoint activity.

Critical Infrastructures Under Attack

The recent attack on a U.S. pipeline impacting almost half the fuel on the East Coast, is confirmation that the acceleration in sophisticated ransomware attacks is continuing. The numbers don’t lie. We are in the midst of the cyber pandemic. After COVID-19 caused a rapid rise in ransomware attacks in 2020, the increase in attacks in 2021 has accelerated. Just take a look at these frightening ransomware statistics from Check Point’s ThreatCloud AI database:

• Attacks in the U.S. alone have increased 300% in the past 9 months
• U.S. Utilities have been attacked 300 times every week for an increase of 50% in just 2 months

2021 Most Wanted Malware : Trickbot Rises to Top

Since the beginning of 2021, CPR has seen a significant increase in the volume of cyberattacks towards enterprises. When comparing to May 2020 CPR has seen an increase of 70% in the number of cyberattacks in the Americas, while EMEA presents a 97% increase compared to May 2020, and APAC sees a staggering 168% year over year.

2021 Cyber Security Report

Learn about latest emerging threats, malware trends and cyber security recommendations.

Incident Response Services

At any moment, day or night, your organization can be victimized by devastating cybercrime. You can’t predict when cyberattacks will happen, but you can use proactive incident response to quickly mitigate its effects or prevent them altogether.