By Amos Aesoph, Xigent CISO
The latest trend in cybersecurity threats involves outsourcing. While in the past, most cybercriminals did their own “work” hacking into your system, a growing threat today is from third party providers who offer their services to other criminal buyers who want into your company’s data. This “Ransomware as a Service” model has grown into highly organized, profitable networks focused on taking as much money as possible from your business.
According to one study, the demand for as-a-service cybercrime was so high that 15 new affiliate schemes appeared last year. Security training firm KnowBe4 says that nearly 10% of all ransomware funds collected in the first quarter of 2021 went to these illicit third-party “providers.”
What does this mean for your IT team?
If you haven’t talked about ransomware and security measures with your C-level leadership yet, the conversation is likely to come soon. Xigent can help you proactively evaluate your security measures, so you can present your leadership team with a plan that meets your needs and budget.CONNECT WITH AN EXPERT