It’s 2023 and We Are Still Worried About Ransomware
While 2021 was the most prevalent year of ransomware to date, 2022 ended on pace to take the lead. Here’s what we know going into 2023.
Ransomware — a term we are all tired of hearing but a threat that remains front and center for the security community and beyond. Arguably the most dangerous attack vector in cybersecurity, ransomware continues to cripple organizations and countries, but why? Being front and center for years now, shouldn’t ransomware be under control?
Current investments in security tools are not solving the global crisis surrounding ransomware. As a result, the United States just held their second annual summit on Ransomware where global leaders from 36 countries and many private institutions came together to strategize a global response to ransomware. The current ransomware strategy has not worked.
The Security Gap
For years, the top of the cybersecurity agenda has been to protect against ransomware. So, why is it that years later the objective remains the same? The answer is simple – there is a gap in tooling. Vendors are not addressing the challenges surrounding ransomware. As a result, organizations continue to invest in tooling to address many of their ransomware related objectives. Unfortunately, more often than not, the tooling being invested in does not fully solve for Ransomware’s top challenges. Bad things are still happening.
One of the biggest challenges with ransomware is its continuous evolution. While 85% of ransomware attacks begin with a targeted phishing campaign on an end user, the manner in which the campaign is conducted has exponentially grown in sophistication. Traditionally, phishing has been focused on targeting employee work emails addresses and attacking through one of three attack types: a link with malicious code behind it, a fake landing page that captures user credentials, or through an attachment with a malicious exploit embedded. Nowadays, while phishing is still the number one entry point for ransomware, the attack vector is stemming from a wide range of applications.
Addressing the Tool Gap
Even with the growing vectors for phishing, one thing remains constant – the browser is a critical gateway for all attack types. As a result, more often than not, a user must go to the internet to be exploited. Protection at the browser can solve for internet-based exploitation.
ConcealBrowse offers an extra layer of protection against phishing, distrusting risky web sites by default and providing protection even when email filtering fails. Once a user clicks a phishing link, ConcealBrowse goes into action, scanning the URL and any resources loaded by it to ensure they haven’t been flagged as dangerous. At the same time, ConcealBrowse uses advanced AI to analyze the pages for signs of a phishing attack, and blocks attackers at
All of this powerful functionality is delivered in a simple plug-and-play package that requires minimal setup and configuration for your IT or security teams. In addition, information derived from our intelligence engine about visited URLs is available via our advanced telemetry feeds, and can be easily integrated into the rest of your security stack.
As social engineering continues to advance exponentially, it will become ever more important to have the right tools to keep your network safe from phishing and ransomware. Click here to try ConcealBrowse today.
