What is Ransomware and Why Is it a Major Cybersecurity Threat in 2021?

ransomware cropped

Major infrastructure in the United States is under attack. As more heavy industrial companies, defense contractors and government agencies increasingly rely on cloud platforms and IT solutions to serve their users and constituents, hackers are finding ways to leverage vulnerabilities and steal information. 

The problem with these attacks is that they are taking advantage of the fact that a flaw in a cloud platform can undermine security with a completely unrelated company or industry. As we’ve learned from the SolarWinds hack, the Colonial Pipeline ransomware attack and now the LineStar attack, a single flaw in a cloud platform can open up critical energy production and manufacturing operations to being held hostage for millions of dollars in ransom.

Ransomware isn’t just a consumer issue. Here, we cover the state of ransomware in 2021 and how different organizations are responding to the problem.

 

Read More