Ransomware Attacks 2022 - How To Protect Your Data And Money

Ransomware Attacks in 2022

Officially, the history of ransomware attacks began 33 years ago in 1989, when Joseph Popp created the first Trojan program and sent it out on floppy disks. As early as 2005, complex software for these criminal purposes appeared, and ransomware attacks in 2022 became the scourge of big business around the world, and sending the virus via floppy disks turned into a huge shadow cyber ransomware business. Now the most dangerous ransomware products are considered to be those of the hacker groups Mindware, Onyx and Black Basta.

What Are Ransomware Attacks?

Ransomware attacks some of the most dangerous malware that you can imagine. If phishing attacks are aimed at stealing your personal data and using it to send spam or try to access your banking data, the extortion program works more radically. Malicious software encrypts your computer’s irreplaceable files and requires payment for the removal of this block otherwise hackers threaten to either destroy all the information received or place it in the darknet where other hackers can use it for further fraud.

How Do Ransomware Attacks Work?

The principle of action is similar to phishing links only in the case of ransomware attacks the user receives a letter with a text document at the opening of which the computer installs malicious software that encrypts files, blocks access to the computer, and actually turns it into a piece of rock. In this case, the extortionist software is distributed over the local network and if for example such a letter is discovered by one person from the company the virus can spread to all other computers and actually block the operation of the entire enterprise. Recovery takes a considerable amount of time for the company to lose profits and that is what extortion takes. They demand a ransom in exchange for unlocking access to your own data. 

Recent Ransomware Attacks in 2022

Every year ransomware attacks become more and more complex, they are not always able to calculate and even large companies that allocate huge resources to cybersecurity were victims of ransomware attacks in 2022. The biggest cases include the attack on the office and suppliers of Toyota, Nvidia, the Costa Rican government office of Samsung, and the Indian airline SpiceJet.

Statistic of Ransomware Attacks in 2022

According to research, more than a thousand extortion programs are created each year. And according to the University of Surrey, extortionists earn over a trillion dollars a year through their programs. And the most popular sector among extortionists is telecommunications, accounting for more than half of all cyber attacks in 2022.  On average, cyber ransomware attacks in 2022 occur every 11 seconds. It is also important to note that even after paying the ransom only about half of the users received all their data back intact.

How to Avoid Ransomware Attacks in 2022

As mentioned earlier, every year more than a thousand new types of software are created around the world. And the fact that the victims of hackers' attacks became giants such as Nvidia and Samsung indicates that the situation is very serious and there is no simple solution to this problem. However, there are a few tips on how to avoid ransomware attacks in 2022. In the first place should not open unknown files received by mail and take care of the holistic security of their cyberspace. You need to make backups of important documents to use antivirus software, and update the software on your computer. If your data requires special protection, you should seek help from professionals who will help build a reliable system for blocking all possible types of cyber threats. 

In Conclusion: Ransomware Attacks Will not Stop

You have to understand that these days the extortion software is not used by lone hackers in Mom’s basement. It’s a huge shadow business that generates billions of dollars in illegal profits for its members. Now hacker groups that develop malware offer their software as a service. They call it Ransomware-as-a-Service. In this case, even if hackers do not receive a ransom from the owner, they can place the stolen data in the darknet where there are other buyers who can use the information obtained for illegal purposes. Therefore, full service and quality assurance of your digital security is a mandatory item on your company’s business list in 2022. 

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