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Successful ransomware attacks will decrease in 2020

The number of successful ransomware attacks in the U.S. public sector declined between January and April 2020 due to the crisis caused by COVID-19. However, the researchers recently found that the trend is reversing as the number of new incidents begins to increase.

According to the study by the malware laboratory Emsisoft numbers show a decrease compared to the 966 operations that were successfully attacked and cost $ 7.5 billion.

Sharp decline in numbers compared to 2019 statistics

In the first and second quarters of 2019, however, only 128 federal, state, health service providers and educational districts were attacked by ransomware groups.

Successful ransomware attacks will decrease in 2020
Successful ransomware attacks will decrease in 2020

Research shows that the laboratory A bearish reversal is beginning to be noticed, due in part to the lifting of restrictions and the return of employees to the office.

Cyber ​​security in the U.S. public sector remains very poor

Talk to Cointelegraph Brett Callow, a threat analyst at Emsisoft, told us about the public sector security infrastructure:

“The United States needs to find a way to improve the security of its public sector. In 2019, all but one of the 966 successful attacks in the public sector were only costly and disruptive encryption events, but in 2020 many also caused data breaches. At least the data from five government agencies and three universities have been stolen and released this year, and it is inevitable that they will not be the last. “

Fabian Wosar, CTO of Emsisoft, also warned:

“2020 doesn’t have to be a repeat of 2019. Adequate investment in people, processes, and IT would result in significantly fewer ransomware incidents, and the incidents that occurred would be less serious, less disruptive, and less expensive.”

The study says that since November last year More and more groups, including DoppelPaymer, REvil / Sodinokibi and NetWalker, are stealing data as a precursor to encryption in the US public sector.

Recently, The United States Secret Service warned of an increase in attacks on managed service providers (MSPs). The warning applied in particular to both the country’s private sector and various government agencies.

Cointelegraph reported that The UCSF School of Medicine reportedly paid a ransom of $ 1.14 million in cryptocurrency to hackers behind a ransomware attack suffered on June 1.

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