Security News > 2021 > August > Why Is There A Surge In Ransomware Attacks?

The U.S. is presently combating two pandemics-coronavirus and ransomware attacks.
Another contributing factor to the rise in ransomware attacks is the growing number of online users.
Attacks are likely to occur every two seconds as hackers refine their malware attacks and extortion practices.
Many hacking gangs are using ransomware and denial-of-service attacks for financial gains.
Aside from the increasing occurrence of ransomware attacks, the cost of the attacks is growing as well.
Ransomware attacks are rampant, due to their ease and profitability.
News URL
Related news
- Ransomware on ESXi: The mechanization of virtualized attacks (source)
- OneBlood confirms personal data stolen in July ransomware attack (source)
- Enzo Biochem settles lawsuit over 2023 ransomware attack for $7.5M (source)
- Medusa ransomware group claims attack on UK's Gateshead Council (source)
- Ransomware attack forces Brit high school to shut doors (source)
- Ransomware gangs pose as IT support in Microsoft Teams phishing attacks (source)
- Security pros more confident about fending off ransomware, despite being battered by attacks (source)
- Only 13% of organizations fully recover data after a ransomware attack (source)
- Ransomware attack at New York blood services provider – donors turned away during shortage crisis (source)
- Ransomware attack disrupts New York blood donation giant (source)