CIO Influence
Analytics CIO Influence News Security

Darktrace Reports 30% More Ransomware Attacks Targeting Organizations During The Holiday Period

Darktrace Reports 30% More Ransomware Attacks Targeting Organizations During The Holiday Period

Darktrace, a global leader in cyber security AI,  reported that its security researchers discovered a 30% increase in the average number of attempted ransomware attacks globally over the holiday season in every consecutive year from 2018 to 2020 compared to the monthly average.

The researchers also observed a 70% average increase in attempted ransomware attacks in November and December compared to January and February. Following a record number of ransomware attacks this year, the company expects the spike to be higher over the 2021 holiday period.

During the nascent 2021 holiday season, Darktrace’s AI detected and autonomously stopped an in-progress, early-stage ransomware attack on a U.S. city before any data exfiltration or encryption could occur. The city’s security team had the foresight to deploy an AI solution to combat multi-stage ransomware attacks, enabling them to stop the attackers at the earliest stage.PREDICTIONS SERIES 2022

Top iTechnology Networking News: Illumio Global Technology Alliance Partner Program Reduces Risk for Modern Enterprises

Ransomware is often falsely considered an encryption problem. This misconception masks and undermines attackers’ determination and creativity to initially break into and then move around within an organization’s digital environment first to discover, then steal and encrypt data. The break-in is often through email, but that quickly evolves to targeting servers where the data lives. Therefore, a combination of email and network security is crucial to stop these attacks.

Powered by Self-Learning AI, Darktrace technology develops an understanding of normal business operations for each organization. It autonomously interrupts in-progress attacks at every stage from the initial entry with sophisticated spearphishing emails to brute-forced remote desktop protocol (RDP), command-and-control, and lateral movement, all without business disruption.

“Based on what we’ve seen in previous years, holidays are consistent target periods for cyber-attackers. Interestingly, the largest rise in attempted ransomware attacks is between Christmas and New Year’s when attackers know there will be fewer eyeballs on screens defending against threats,” commented Justin Fier, Director of Cyber Intelligence and Analytics, Darktrace. “Business leaders should know that there is available technology that can identify and respond to the initial warning signs of ransomware before attackers can hold critical systems hostage, even when human security teams are out of office.”

Top iTechnology AIOps News: CloudCover Secures Patent Approval for Groundbreaking Cybersecurity Insurance Utilizing Blockchain, a First for the Cyber Insurance Industry

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Cisco, Microsoft Achieve 800Gbps on Amitié Transatlantic Cable, Boosting Cloud and AI Services

CIO Influence News Desk

Inseego and Net4 Join Forces to Deliver 5G Solutions for Private Networks Across Europe

CIO Influence News Desk

TuxCare Unveils OEM Partner Program for Best-in-Class Vulnerability Patching

CIO Influence News Desk

Leave a Comment