Ransomware is a form of malware cybercriminals use to encrypt data stored in computers or online servers. Cybercriminals demand payment to release the encryption key blocking the user from accessing the encrypted data. Payment is typically made through diverse mediums, including digital currency like Bitcoin. Once payment has been made, the victim is generally provided with instructions on decrypting their data.

Statistical data shows that over one-third, or 36 percent, of ransomware infections happen due to a lack of cybersecurity training across organizations across all industry verticals. Another 30 percent of the ransomware infections worldwide materialize because of weak user passwords, while 25 percent are due to poor user practices, according to managed service providers (MSPs) surveyed.

Recently, The FBI, the Department of Health and Human Services and the Cybersecurity and Infrastructure Security Agency (CISA) released an alert that warned that the healthcare industry was being targeted by hackers.

Ransomware remains a top concern for organizations across industries. Modern attackers are utilizing easily accessible and increasingly affordable ransomware kits and creating fileless attacks. Additionally, ransomware programs are becoming more sophisticated and harder to dismantle once deployed.

Datashield Partner Digest for the Week of June 18, 2020 - Analyzing the SOC Findings from RSA Conference 2020, Ransomware Returns With A New Twist via Mimecast, Vulnerability Management with PlexTrac Training Demo. At Datashield, we pride ourselves on partnerships and are always looking for way to highlight what's new in the industry and with our partners. This helps us bring out the latest and greatest trends and key features for the services we use to bring you the best in MDR service.

Datashield Partner Digest for the Week of April 27th, 2020 - Highlights: VMware Carbon Black report that Ransomware attacks are up and newly discovered security threat with Zoom.