In a new Cyber Insights report, entitled ‘Ransomware trends: Risks and Resilience’ AGCS said
the increasing frequency and severity of ransomware incidents are driven by:
- Growing number of different attack patterns, such as double and triple extortion campaigns;
- Criminal business model around “ransomware as a service” and cryptocurrencies;
- Recent skyrocketing of ransom demands; and
- Rise of supply chain attacks.
Scott Sayce, global head of cyber at AGCS, said not all attacks are targeted as cyber criminals often adopt a scattergun approach to exploit those businesses that are not addressing or understanding the vulnerabilities they may