Current Trends in Ransomware – A Constantly Morphing & Evolving Threat

Ransomware attacks on organizations are estimated to happen approximately once every 11 seconds with over 4000 attacks against businesses happening every day. A large number of these attacks now include not just a ransom demand for restoration of data, but also a secondary extortion demand to prevent the publication of exfiltrated data. The global costs of ransomware recovery are predicted to exceed $20 billion in 2021, and have a huge financial and business impact in both the private and public sectors. In this session, you will learn about the latest ransomware strains, trends in attack methods, tools, and techniques used by attackers, and as importantly, how to prevent these attacks.