Ransomware Attacks Successfully Decreased in 2020

A report posted by Emsisoft shows a strong decline in successful ransomware attacks in Q1 and Q2 2020.

The number of successful ransomware attacks saw a decline between January and April 2020 in the U.S. public sector. in the midst of the COVID-19 crisis. However, researchers have recently realized that the trend is reversing, with incidents now starting to rise.

According to a study by the malware lab, Emsisoft, the figure shows a decline compared to 966 targeted organizations that were successfully targeted at $ 7.5 billion.

High drop in numbers compared to 2019 statistics

However, during Q1 and Q2 2019, only 128 federal and state entities, health service providers, and education districts were attacked by ransomware gangs.

This research shows that laboratories are beginning to see a reversal of downturns, partly due to restrictions on restrictions and back-office workers.

U.S. public sector cyber security still weak

Brett Callow, a threat analyst at Emsisoft, offered some insights on the poor public safety infrastructure:

“The US must find a way to improve security in the public sector. In 2019, all but one of the 966 successful attacks on the public sector were simply expensive and disruptive encryption events but, in 2020, many will also be data breaches. At least five government entities and three universities have already had data stolen and published this year, and it’s inevitable that they will not be the last.”

Fabian Wosar, CTO Emsisoft, also informed:

“2020 need not be a repeat of 2019. Proper levels of investment in people, processes and IT would result in significantly fewer ransomware incidents and those incidents which did occur would be less severe, less disruptive and less costly.”

The study notes that since November last year, a growing number of groups – including DoppelPaymer, REvil / Sodinokibi and NetWalker – stole data as the forerunners of encryption in the U.S. public sector.

Recently, the U.S. Secret Service provide warnings about hacking attacks targeting managed service providers, or MSPs. The warning applies to the U.S. private sector and various government organizations.

Source: Cointelegraph

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