Cyber extortions are crippling critical infrastructures, healthcare systems, government agencies and businesses around the world. In 2021 alone we saw some large-scale scum hacks and ransomware attacks. In early May Colonial Pipeline paid $5 million to the DarkSide ransomware gang and in June, the meat processor JBS paid $11 million to the Russia-based REvil gang. Hackers are using simple phishing tools, making you believe it is a legitimate email, to gain access to your sensitive information.
Top US officials have recently ranked ransomware attack as a national security threat. According to The New York Times, President Biden put this issue at the top of his agenda for his June meeting with Russia’s president, Vladimir Putin, and had given him forceful warnings for his inaction against those ransomware operators tied to Russia. President Biden had also requested his lawmakers to work on several bills that would, among other things, require a wide range of companies including critical infrastructure operators to report attacks to the government.
The F.B.I. Internet Crime Report for 2020 listed 2,474 cyberattacks in the United States, with losses totaling more than $29.1 million. The reality is probably of a much greater magnitude. The German data-crunching firm Statista has estimated that there were 304 million cyberattacks worldwide in 2020, a 62% increase over 2019.
It’s clear that the ransomware attack problem cannot be practically solved by employee training, zero trust practices or installing antivirus software and other patches. Current ransomware prevention solutions are just like a band aid. Education may help a little bit. Only an email tool like IronCAP XTM with comprehensive, quantum-safe end-to-end encryption and digital signatures will protect you against phishing today and in the fast approaching quantum computing era. IronCAP XTM is your “shovel ready”, low-cost solution that can fully protect your data a 100% of the time.
Reference:
New York Times