{"id":47847,"date":"2022-08-02T11:52:00","date_gmt":"2022-08-02T11:52:00","guid":{"rendered":"http:\/\/e1b4bb1c-5ea2-478a-a8db-ac9f8136f00e"},"modified":"2022-08-02T11:52:00","modified_gmt":"2022-08-02T11:52:00","slug":"reported-ransomware-attacks-are-just-the-tip-of-the-iceberg-thats-a-problem-for-everyone","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/reported-ransomware-attacks-are-just-the-tip-of-the-iceberg-thats-a-problem-for-everyone\/","title":{"rendered":"Reported ransomware attacks are just the tip of the iceberg. That&#8217;s a problem for everyone"},"content":{"rendered":"<figure class=\"c-shortcodeImage u-clearfix c-shortcodeImage-large\">\n<div class=\"c-shortcodeImage_imageContainer\">\n<div class=\"c-shortcodeImage_image\"><picture class=\"c-cmsImage\"><!----> <img decoding=\"async\" src=\"https:\/\/www.zdnet.com\/article\/reported-ransomware-attacks-are-just-the-tip-of-the-iceberg-thats-a-problem-for-everyone\/\" alt=\"frustrated-woman-at-a-computer-in-an-office.jpg\" height=\"800.7550731477112\" width=\"1200\"><\/picture><\/div>\n<p> <!----> <!----><\/div>\n<p> <!----><figcaption> <span class=\"c-shortcodeImage_credit g-outer-spacing-top-xsmall g-color-gray70 u-block g-text-xsmall\">Image: Getty<\/span><\/figcaption><\/figure>\n<p>The level of reported ransomware incidents doesn&#8217;t paint an accurate picture of what&#8217;s really going on, as many victims remain unwilling to talk about what happened, the European Union&#8217;s cybersecurity agency has warned.&nbsp;<\/p>\n<p>Following an analysis of 623 <a href=\"https:\/\/www.zdnet.com\/article\/ransomware-an-executive-guide-to-one-of-the-biggest-menaces-on-the-web\/\" rel=\"follow\">ransomware<\/a> incidents between May 2021 and June 2022, the <a href=\"https:\/\/www.enisa.europa.eu\/news\/ransomware-publicly-reported-incidents-are-only-the-tip-of-the-iceberg\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">ENISA threat landscape report for ransomware attacks<\/a> warns that &#8220;the findings are grim&#8221; as ransomware becomes more efficient and is causing more devastating attacks.&nbsp;<\/p>\n<p>Ransomware presents a <a href=\"https:\/\/www.zdnet.com\/article\/ransomware-attacks-are-the-biggest-global-cyber-threat-and-still-evolving-warns-cybersecurity-chief\/\" rel=\"follow\">massive cybersecurity challenge<\/a>, with many victims feeling as if&nbsp;<a href=\"https:\/\/www.zdnet.com\/article\/ransomware-warning-to-law-firms-stop-encouraging-victims-to-pay-ransoms-to-cyber-criminals\/\" rel=\"follow\">they&#8217;ve got no other choice but to pay potentially millions in Bitcoin<\/a>&nbsp;to free their data. But very few victims ever talk about what happened, with ENISA noting &#8220;publicly reported incidents are only the tip of the iceberg&#8221;.&nbsp;<\/p>\n<p><strong>SEE:&nbsp;<\/strong><a href=\"https:\/\/www.zdnet.com\/article\/ransomware-why-its-still-a-big-threat-and-where-the-gangs-are-going-next\/\" rel=\"follow\"><strong>Ransomware: Why it&#8217;s still a big threat, and where the gangs are going next<\/strong><\/a><\/p>\n<p>According to ENISA, it wasn&#8217;t possible to confirm whether a ransom was paid in 94.2% of all the incidents they analysed, something that the agency says &#8220;limits our understanding and thus our ability to perform a proper analysis and mitigate the threat of ransomware&#8221;.&nbsp;<\/p>\n<p>That isn&#8217;t the only aspect of ransomware that is going underreported and it&#8217;s making tracking incidents difficult as the report warns that many victims just don&#8217;t report they&#8217;ve been a victim of a ransomware attack because they &#8220;prefer to deal with the problem internally and avoid bad publicity&#8221;. &nbsp;<\/p>\n<p>That leads to a lack of reliable data when it comes to painting a true picture about the state of ransomware attacks.&nbsp;<\/p>\n<p>&#8220;The lack of reliable data from targeted organisations makes it very hard to fully understand the problem or even know how many ransomware cases there are,&#8221; warns the report, which suggests the most reliable sources for finding out who has been a victim of a ransomware attack are the leak sites of cyber-criminal ransomware groups who publish data stolen in the attack.&nbsp;<\/p>\n<p>This lack of transparency also means that it&#8217;s difficult to investigate, analyze and learn lessons about how attacks work, hampering efforts to help protect other businesses from falling victim to similar incidents.&nbsp;<\/p>\n<p>Public statements on what happened during attacks are rare, and in the few cases that are spoken about publicly, they often don&#8217;t include details. &nbsp;<\/p>\n<p>&#8220;Ransomware is thriving, and our research shows that threat actors are conducting indiscriminate attacks. Companies of every size across all sectors are affected. Anyone can become a target. We urge organisations to prepare for ransomware attacks and consider possible consequences before attacks occur,&#8221; the ENISA paper said.&nbsp;<\/p>\n<p>Steps that organisations can take to help protect their network from ransomware and other cyber threats include ensuring that users aren&#8217;t using <a href=\"https:\/\/www.zdnet.com\/article\/dont-use-these-passwords-these-are-the-most-popular-log-in-details-found-for-sale-online\/\" rel=\"follow\">easy-to-guess common or default passwords<\/a>, as well as providing all users with <a href=\"https:\/\/www.zdnet.com\/article\/multi-factor-authentication-use-it-for-all-the-people-that-access-your-network-all-the-time\/\" rel=\"follow\">multi-factor authentication<\/a>, so in the event that a password is stolen or a network is breached, it&#8217;s harder for an intruder to abuse that access.&nbsp;<\/p>\n<p>It&#8217;s also recommended that <a href=\"https:\/\/www.zdnet.com\/article\/this-one-change-could-protect-your-systems-from-attack-so-why-dont-more-companies-do-it\/\" rel=\"follow\">security updates are applied as soon as possible<\/a>&nbsp;to prevent cyber criminals from exploiting unpatched vulnerabilities to help launch ransomware attacks.&nbsp;<\/p>\n<h3><strong>MORE ON CYBERSECURITY<\/strong><\/h3>\n<p>READ MORE <a href=\"https:\/\/www.zdnet.com\/article\/reported-ransomware-attacks-are-just-the-tip-of-the-iceberg-thats-a-problem-for-everyone\/#ftag=RSSbaffb68\">HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shame or just trying to avoid bad publicity means there&#8217;s very little useful data recorded on ransomware attacks.<br \/>\nREAD MORE HERE&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[62],"tags":[],"class_list":["post-47847","post","type-post","status-publish","format-standard","hentry","category-zdnet-security"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reported ransomware attacks are just the tip of the iceberg. 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