Ransomware: Evolution, Rise, and Response
February 2021 • Podcast
Marisa Midler, Timothy J. Shimeall
Marisa Midler and Tim Shimeall, analysts with the SEI's CERT Division, discuss steps and strategies that organizations can adopt to minimize their exposure to the risks and threats associated with ransomware.
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Abstract
Ransomware, including ransomware-as-a-service threats, is a growing problem. Ransom payments from Quarter 3 of 2019 were on average $42,000, and in Quarter 1 of 2020, that average increased to $112,000. The volume of attacks also increased by 25 percent in Quarter 4 of 2019 and by another 25 percent in Quarter 1 of 2020. The sophistication of the attacks has increased alongside their severity. In this SEI Podcast, Marisa Midler and Tim Shimeall, analysts with the SEI's CERT Division, discuss steps and strategies that organizations can adopt to minimize their exposure to the risks and threats associated with ransomware.