By: Luke Jones, Published on April 27, 2017 07:40 PM, Last Update on April 29, 2017 07:42 AM
A new report says ransomware cyberespionage is now the most common threat facing global education, manufacturing, and public sectors.
The Verizon 2017 Data Breach Report (DBIR) was released on Thursday and shows that ransomware is becoming an increasing concern and is not the fifth most common type of malware. Ransomware attacks have increased by 50 percent over the last year.
Verizon says it studied 2,000 breaches when compiling its 2017 report and also analysed 300 espionage-related threats. The largest network carrier in the United States says that most attacks are caused by phishing scams.
The company has been issuing Data Breach Reports for a decade. In its tenth year, the latest report takes data from 65 global organizations and analysed 42,068 incidents and 1,955 breaches across 84 countries.
Major findings include:
“Cyberattacks targeting the human factor are still a major issue,” said Bryan Sartin, executive director of global security services with Verizon Enterprise Solutions. “Cybercriminals concentrate on four key drivers of human behaviour to encourage individuals to disclose information: eagerness, distraction, curiosity and uncertainty. And as our report shows, it is working, with a significant increase in both phishing and pretexting this year.”
Ransomware is concerning because it is growing in popularity. This type of attack has been well publicized, by organizations are slow to realize the threat and many are still using security solutions ill-equipped to prevent ransomware.