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Home News

Ransomware Targets Backups

April 4, 2024
Reading Time: 3 mins read
in News
Ransomware Targets Backups

Ransomware attacks have surged globally, impacting businesses of all sizes, with cybercriminals now increasingly targeting backups, as revealed by a recent report from cybersecurity firm Sophos. This alarming trend poses a significant threat to organizations’ data recovery capabilities, compelling them to either meet inflated ransom demands or face severe data loss. While backups have traditionally served as a safeguard against ransomware, the new tactic of compromising backup systems renders organizations vulnerable, significantly amplifying the pressure to comply with attackers’ demands.

The Sophos report sheds light on the pervasive nature of backup targeting, with a staggering 94% of surveyed organizations reporting attempted compromises on their backup systems during ransomware attacks. Particularly concerning is the near-universal targeting of backups in specific sectors, such as government and media, where the attempt rate reaches an alarming 99%. This widespread targeting underscores the urgent need for organizations to fortify their backup infrastructure against emerging cyber threats, such as ransomware attacks, to safeguard critical data assets effectively.

Furthermore, the report highlights the dire consequences of compromised backups, with affected organizations forced to contend with substantially higher ransom demands. On average, organizations unable to recover data from compromised backups faced ransom demands exceeding double the amount compared to those with secure backup systems. This escalation in ransom demands underscores the pivotal role of secure backup systems in mitigating the financial and operational impact of ransomware attacks, emphasizing the imperative for organizations to prioritize backup security as part of their comprehensive cybersecurity strategy.

Reference:
  • Sophos Reveals Ransomware Targets Backups
Tags: April 2024Cyber NewsCyber News 2024Cyber threatsCybersecurityRansomware AttacksSophos
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