"Ransomware's Savage Reign Continues as Attacks Increase 105 Percent"

SonicWall released a report detailing the significant rise in ransomware, with 623.3 million attacks globally. According to the report, almost all monitored threats, cyberattacks, and malicious digital assaults, including ransomware, encrypted threats, Internet of Things (IoT) malware, and cryptojacking, increased in 2021. Researchers tracked the rise in ransomware, recording 318.6 million more ransomware attacks in 2021 than in 2020, which is a 105 percent increase. Since 2019, ransomware volume has increased by 232 percent. High-profile ransomware attacks have affected businesses, state and federal governments, schools, hospitals, and individuals. In addition, attacks against supply chains have resulted in widespread system downtime, economic loss, and reputational damage. All industries experienced increases in ransomware attacks, including government, healthcare, education, and retail. The frequency and complexity of cyberattacks continue to grow every year, thus increasing costs to organizations worldwide. This article continues to discuss key findings shared in SonicWall's report on the increase in ransomware attacks, the expansion of cyberattack vectors, and other cyber threats. 

Help Net Security reports "Ransomware's Savage Reign Continues as Attacks Increase 105 Percent"