Ransomware has grown by 466% since 2019: Report

New Delhi, 22/10: Ransomware has grown by 466 per cent since 2019 and is increasingly being used as a precursor to physical war as seen in the Russia conflict in Ukraine and the Iran and Albania cyber war, according to the latest report.

 

 

The report by IT services and security firm Ivanti, which also announced the results of the Ransomware Index Report Q2-Q3 2022, also said that most IT and security teams lack a complete view of all the vulnerabilities that exist and sufficient threat context around those that pose the most risk.

 

Ransomware groups are continuing to grow in volume and sophistication with 35 vulnerabilities becoming associated with ransomware in the first three quarters of 2022 and 159 trending active exploits. Complicating matters, lack of sufficient data and threat context is making it hard for organizations to effectively patch their systems and efficiently mitigate vulnerability exposure, said the report

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