Understanding ransomware trends : ransomware attack methods alter as threat actors grow in sophistication

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<subTitle> : ransomware attack methods alter as threat actors grow in sophistication</subTitle>
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<namePart>Thomson, Darren</namePart>
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<namePart>Brew, Oliver</namePart>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">CyberCube has researched ransomware attacks over the past few years to evaluate the changing behaviour pattern of threat actors. This reflects factors such as the vast amounts of data collected, the obligation to disclose an attack and governments' limited resources for defence systems against cyber attacks. The sources of financial loss include the cost of paying the ransomware itself, legal and related forensic investigation costs, as well as the clean-up and potential rebuild costs in the event that the decryption keys are not effective to regain access to the encrypted files. The financial cost is only one aspect of the impact of ransomware - the disruption to services and operations can be very significant, and it can take weeks or months to fully recover.</abstract>
<note type="statement of responsibility">Darren Thomson, Oli Brew, Yvette Essen</note>
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