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MW ARE


than traditional attacks and that platforms are underinvesting in security. The paper calls for increased transparency around cyber security and cyberattacks. As well as increasing transparency, the Bank of Canada analysts propose regulating security investment with minimum levels of security standards to improve the situation. Mountainview, California based Cloud security specialist Menlo Security published its own report into ransomware in August. The report included a survey carried out by SAPIO Research in June 2022 conducted by email invitation and an online survey. The poll surveyed 505 security decision makers, almost evenly split between US and UK organisations with more than 1,000 employees. The survey found that a third of organisations experienced a ransomware attack at least once a week. One in 10 organisations experienced


them more than once a day. The survey asked respondents “what


keeps them awake at night,” and 41% said they worry about ransomware attacks evolving beyond their team’s knowledge and skill set. How those ransomware attacks would begin was an even bigger worry for 46% of respondents. The risk of employees ignoring corporate security advice and clicking on links or attachments containing malware was viewed as a likely start to a ransomware attack.


has previously identifi ed the fi ve ransomware groups as Conti, LockBit, Pysa, REvil,


and Maze/ Egregor. Conti and LockBit are still


active, and, as of the fi rst quarter of 2022, they made up almost 50% of the present ransomware attack volume alone. A major problem is stopping one group just seems to spawn more of them.


IT-SA 2022 PREVIEW BACK TO CONTENTS


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