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Ransomware Revolution: Why Data Theft is the New Quick and Dirty Crime!
Ransomware actors are ditching encryption, with 80% of attacks now focused on exfiltrating data, as it’s quicker. ReliaQuest’s report reveals exfiltration-only attacks are 34% faster. They recommend using AI to speed up defenses, as attackers are moving faster than ever. Manual responses won’t cut it in today’s cybersecurity landscape.
Hot Take:
It seems the once-popular pastime of encrypting data for a good ol’ ransomware attack is going out of style faster than bell-bottom jeans. Exfiltration is the new black, and cybercriminals are all about speed and efficiency. Apparently, they’ve swapped out their encryption capes for data-stealing sneakers, sprinting through networks as if they’re late for a cybersecurity-themed marathon. Who knew that the future of cybercrime would look less like a sophisticated thriller and more like a high-stakes game of data grab?
Key Points:
- Ransomware actors are skipping encryption in favor of data exfiltration, making attacks 34% faster.
- “Breakout time” for these attacks averages just 48 minutes, with some as quick as 27 minutes.
- Service accounts, often overprivileged and forgotten, were involved in 85% of breaches.
- Insufficient logging is cited as the top cause of breaches, creating detection blind spots.
- Two-thirds of critical incidents involved legitimate software like remote access tools.
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