Ransomware Rampage: Weak Passwords Take the Spotlight in 2024 Cyber Attacks
Ransomware groups are getting personal, ditching mass exploits for “reliable and repeatable” methods. Instead of hunting zero-day vulnerabilities, they’re targeting weak credentials. As a result, ransomware activity hit a quarterly record in Q4 2024. It’s time for businesses to buckle up and embrace multifactor authentication.
Hot Take:
Looks like ransomware gangs have decided that instead of playing the lottery with zero-day vulnerabilities, they’d rather go fishing with a net full of weak passwords. The moral of the story? Use multi-factor authentication or be prepared to make some new cybercriminal friends.
Key Points:
- Ransomware groups are now favoring “reliable and repeatable” methods over mass compromises from vulnerabilities.
- Weak VPN and gateway credentials without MFA are their new playground.
- A ransomware training playbook leak highlighted this strategic pivot.
- 2024 saw a record-breaking Q4 with 1663 ransomware victims reported.
- Businesses are advised to implement robust security measures like MFA.
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