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Ransomware Evolution: Trends to Watch in 2024

WRANCORP Research Team
Ransomware Evolution: Trends to Watch in 2024

Ransomware remains a top threat. This year, we're seeing attackers refine their tactics with multi-faceted extortion and more sophisticated delivery mechanisms.

Key Trends

Double Extortion: Not only encrypting data but also exfiltrating it and threatening to publish it if the ransom isn't paid.

Ransomware-as-a-Service (RaaS): Lowering the barrier to entry for less skilled attackers by providing ransomware kits and infrastructure.

Targeting Critical Infrastructure: Attacks on healthcare, utilities, and government services are increasing.

Exploiting Unpatched Vulnerabilities: Attackers continue to leverage known but unpatched software flaws.

Defense and Mitigation

Robust Backup Strategy: Regular, tested, and offline/offsite backups are critical for recovery.

Phishing Awareness Training: Many ransomware attacks start with a phishing email.

Network Segmentation: Limit the spread of ransomware if one part of the network is compromised.

Endpoint Detection and Response (EDR): Tools to detect and stop ransomware activity on endpoints.

Immutable Storage: For backups, use storage solutions that prevent data from being altered or deleted.

Vigilance, proactive defense, and rapid response capabilities are essential in the fight against evolving ransomware threats.

Ransomware
Awareness