Why ransomware cyberattacks are on the rise?
The largest reason for the increase in these attacks, Morgan argues, is that more companies are choosing to pay the ransom to get their data back, and cybercriminals are taking note. “It’s the proverbial get rich quick scheme for a lot of criminals,” he said.
Why is there an increase in cyberattacks?
The triple digit increase noted was primarily driven by a global uptick in web shell activity by way of nation-state and cybercrime actors alike, targeted ransomware and extortion operations and supply chain intrusions.
What are the growing concerns about the threat of cyber attacks?
Cyber threats are a big deal. Cyber attacks can cause electrical blackouts, failure of military equipment, and breaches of national security secrets. They can result in the theft of valuable, sensitive data like medical records. They can disrupt phone and computer networks or paralyze systems, making data unavailable.
What new threats lurk in the cyber world to our infrastructure?
Connectivity is increasing at an exponential rate, especially with the rise of industrial IoT devices and automation. Organizations must take action now as the attack surface is greater than ever before.
Is cyber security infrastructure?
Cybersecurity refers to the practice of reducing cyber risk through the protection of the entire information technology (IT) infrastructure, including systems, applications, hardware, software, and data. Enterprise cybersecurity practices traditionally fall within an overarching IT risk management framework.
What are the consequences of a major cyber attack on critical infrastructure?
What makes the potential consequences of a major cyber attack on critical infrastructure difficult to predict is the interdependence between various sectors. An attack on one sector could have spillover effects on the other sectors that depend on it.
Is there a cyber attack on the power system?
There have been no reported targeted cyber attacks carried out against utilities in the U.S. that have resulted in permanent or long term damage to power system operations thus far, yet electric utilities throughout the U.S. have seen a steady rise in cyber and physical security related events that continue to raise concern.
What happened in 2015 in the world of cyber security?
It reported a 20\% increase in cyber investigations in 2015, and a doubling of attacks against US critical manufacturing. The most high profile example of a cyber-attack against critical infrastructure is the Stuxnet computer virus.
Can cyberwarfare have an impact on the physical world?
It is now clear that cyberwarfare can have an impact on the physical world through attacks on critical infrastructure. The often dimly understood interdependencies between critical infrastructure sectors pose a grave risk.