Biggest ransomware threat is encryption of shared cloud files

[VUBot]

The cybercriminal's most effective weapon in a ransomware attack is the network itself, which enables the malicious encryption of shared files on network servers, especially files stored in infrastructure-as-a-service (IaaS) cloud providers. This is according to a new report from threat detection specialist Vectra which finds that by encrypting files that are accessed by many business applications across the network, attackers achieve an economy of scale faster and far more damaging than encrypting files on individual devices. "The fallout from ransomware attacks against cloud service providers is far more devastating when the business systems of every cloud-hosted customer are encrypted,"… [Continue Reading]

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