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What is Ransomware? Everything You Should Know

eSecurity Planet

Education, government, energy and manufacturing are others. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. Ransomware-proof backups: You can limit the damage caused by ransomware by maintaining an effective backup and disaster recovery plan.

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Ransomware and Cyber Extortion in Q4 2024

Digital Shadows

The sectors targeted by ransomware groups have also remained consistent: Professional services and technical services (PSTS) and manufacturing companies are primary targets because of their economic importance, low tolerance for operational downtime, and higher willingness to pay ransoms.

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The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

Some industries saw particularly high growth of double-extortion attacks, including healthcare (643%), food service (460%), mining (229%), education (225%), media (200%), and manufacturing (190%). Manufacturing was the most targeted industry for the second straight year, making up almost 20% of double-extortion ransomware attacks.

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Ransomware Prevention, Detection, and Simulation

NetSpi Executives

Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Protect your backup systems. Does backup protect against ransomware? That’s why off-site backups are critically important for recovery.

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C-suites adapt to ransomware as a cost of doing business

SC Magazine

Dawn Cappelli, vice president of global security and chief information security officer at Rockwell Automation, said that the spike in ransomware attacks, particularly in manufacturing, inspired a tabletop exercise in December with her CEO and all his direct reports to walk through various ransomware scenarios.

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Ransomware Prevention Guide for Enterprise

Spinone

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. This includes the Billtrust and German manufacturer, Pilz, ransomware infections. Backups aren’t working. Restoring from backup is certainly preferable to paying the bad guys for the damage they have inflicted.

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The Hacker Mind Podcast: Tales From A Ransomware Negotiator

ForAllSecure

We know that you know, manufacturing is an area that we've seen a lot of targets over the last quarter. Again, because if you bring down manufacturing operations, there's a high impact to the business and necessity to recover quickly. By no means. Does that mean that there was no ransomware occurring? VAMOSI: Should you pay?