Ransomware attacks decline amid crypto bear market

  • 📰 axios
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Ransomware attacks declined 23% from January to June, according to U.S. cybersecurity firm SonicWall's 2022 mid-year cyber threat report.

Ransomware actors tend to have some allegiance in the region they operate, according to Chavoya.: "Despite continued denials that the country is harboring cybercriminals, roughly two-thirds of state-sponsored cyberattacks have been traced back to Russia in the past few years," SonicWall's report stated.

"And 74% of all money generated by ransomware last year — nearly $400 million — went to groups “highly likely to be affiliated with Russia.”Ransomware attacks peaked in the second quarter of last year at $188.9 million after two straight years of increases. The top three ransomware families, Ryuk, Cerber and SamSam, accounted for 62% of all ransomware attacks last year, according to SonicWall.Ransomware attacks just this year already eclipsed full-year totals for 2017, 2018 and 2019. So attacks are still at pre-pandemic levels.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 302. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Led by exchanges, crypto industry lobbying grew 17% in Q2 2022The Block analyzes the overall shift in lobbying and breaks down the crypto exchange lobby driving recent expansion.
Source: TheBlock__ - 🏆 464. / 53 Read more »