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You will also receive a complimentary subscription to TechRepublic's News and Special Offers newsletter and the Top Story of the Day newsletter. You may unsubscribe from these newsletters at any time. All fields are required. Username must be unique. Password must be a minimum of 6 characters and have any 3 of the 4 items: a number (0 through 9), a special character (such as !, $, #, %), an uppercase character (A through Z) or a lowercase (a through z) character (no spaces). Loading ACCOUNT INFORMATION TechRepublic close modal Image: nevarpp, Getty Images/iStockphoto HOW RANSOMWARE ATTACKS TARGET SPECIFIC INDUSTRIES * * * * ACCOUNT INFORMATION TechRepublic close modal SHARE WITH YOUR FRIENDS How ransomware attacks target specific industries Check out this article I found on TechRepublic. Your email has been sent by Lance Whitney in Security on August 24, 2022, 9:20 AM PDT HOW RANSOMWARE ATTACKS TARGET SPECIFIC INDUSTRIES Analyzing over 100 prominent ransomware incidents, Barracuda found the top targeted sectors to be education, municipalities, healthcare, infrastructure and financial. Image: nevarpp, Getty Images/iStockphoto MUST-READ SECURITY COVERAGE * 85% of Android users are concerned about privacy * Almost 2,000 data breaches reported for the first half of 2022 * In security, there is no average behavior * How to secure your email via encryption, password management and more (TechRepublic Premium) Ransomware attacks can impact any type of organization in virtually any sector. But, some industries have proven to be more tempting targets for cyber criminals. In a report released Wednesday, August 24, security provider Barracuda discusses which types of companies have been in the crosshairs of ransomware and offers advice on how to combat these attacks. The number of ransomware threats detected by Barracuda jumped between January and June of 2022 to more than 1.2 million per month. The volume of actual ransomware attacks increased in January but then began to slow down in May. Zeroing in on 106 highly publicized attacks, Barracuda researchers discovered five industries as the main victims: education targeted in 15% of the attacks, municipalities in 12%, healthcare in 12%, infrastructure in 8% and financial in 6%. TARGETED INDUSTRIES FACE RISES IN RANSOMWARE INCIDENTS During the past 12 months, attacks against municipalities rose slightly, but those against educational institutions more than doubled, while attacks against healthcare and financial companies tripled. Over the same time, attacks against critical infrastructure have quadrupled, a sign that cyber criminal gangs and hostile nation-states are looking to cause as much collateral damage as possible beyond the impact to the initial victim. SEE: How to protect your organization from ransomware-as-a-service attacks (TechRepublic) In addition to the five most targeted industries, other sectors have borne their own brunt of ransomware attacks. Service providers accounted for 14% of the attacks analyzed by Barracuda. Offering IT assistance and other kinds of business services, these organizations are targets because of the access they hold to customers and clients, all of whom can be impacted in a ransomware attack. Ransomware incidents against automobile companies, hospitality firms, media firms, retail companies, software providers and technology organizations also increased over the past 12 months. RANSOMWARE IN ACTION To illustrate how ransomware often works, Barracuda’s report highlighted attacks against three different companies. BLACKMATTER In an incident from August 2021, attackers from the BlackMatter ransomware group sent an organization a phishing email designed to compromise employee accounts. Gaining network access, the criminals were able to scan and move laterally within the network, installing hacking tools and stealing sensitive data. Upon receiving a ransom demand in September 2021, the company contacted their managed service provider, which reached out to Barracuda for help. After the infected systems were isolated and passwords reset, the encrypted systems were reimaged from backup. The business was able to negotiate the ransom to half the original demand, but the attackers still leaked the stolen data. KARAKURT In an incident from October 2021, the Karakurt Data Extortion Group launched a brute force attack on the VPN login page of an organization. The attack helped the cyber criminals compromise several domain controllers and use RDP to access the compromised systems. The following month, the attackers started to modify the firewall rules. After the ransom demand arrived in January of 2022, Barracuda found and blocked the indicators of compromise (IOCs), reset the victimized account, and created dedicated security information and event management (SIEM) rules. Still, the stolen data was leaked online in February. LOCKBIT And in another incident, attackers from the LockBit cybercrime group were able to use stolen credentials to sign into the VPN login page of a company that did not have MFA in place. Using malicious PowerShell scripts and installing system-level DLLs (dynamic link libraries), the cyber criminals stole more credentials and accessed key passwords. The attackers also compromised a PC running Windows 7, which Microsoft no longer supports with security updates. After receiving the ransom demand, the company reached out for help, leading to the quarantine of suspicious files and a rebuild of Active Directory. BARRACUDA OFFERS TIPS TO COMBAT RANSOMWARE ATTACKS The three incidents cited in the report shared certain commonalities. The attacks were carried over the course of several months rather than just a week or a single day. VPNs are always a popular target, as they can easily lead attackers to critical network assets, and credentials were stolen through phishing attacks or purchased on the dark web. SEE: Train for some of today’s top cybersecurity credentials for $39 (TechRepublic Academy) Email account credentials that link with Microsoft 365 for a single sign-on are convenient, but if compromised, they can open the floodgates to a corporate network. To help organizations combat these types of ransomware attacks, Barracuda offers several tips. * Disable Macros: To prevent certain types of malware, disable macro scripts from Microsoft Office files sent by email. * Segment Your Network: Ensuring your network is segmented will lessen the spread of ransomware and prevent attacks from moving laterally. * Get Rid of Unused or Unauthorized Applications: Review and remove any unauthorized software that could be used for compromise, paying special attention to remote desktop and remote monitoring programs. * Enhance Web Application and API Protection Services: To defend your web applications from hackers and malicious bots, make sure to enable the right protection services, including those that guard against distributed denial-of-service (DDoS) attacks. * Review Credentials and Access Control Used for Backups: The account credentials for offline and cloud-based backups should be different from those for normal systems. Lance Whitney Published: August 24, 2022, 9:20 AM PDT Modified: August 24, 2022, 9:20 AM PDT See more Security ALSO SEE * How to become a cybersecurity pro: A cheat sheet (TechRepublic) * Best encryption software 2022 (TechRepublic) * NIST Cybersecurity Framework: A cheat sheet for professionals (free PDF) (TechRepublic) * How to recruit and hire a Security Analyst (TechRepublic Premium) * Cybersecurity and cyberwar: More must-read coverage (TechRepublic on Flipboard) WHITE PAPERS, WEBCASTS, AND DOWNLOADS WORDPRESS SECURITY CHECKLIST Tools & Templates from TechRepublic Premium View This Now IVACY VPN: LIFETIME SUBSCRIPTION Downloads from TechRepublic Academy Learn More LIFETIME LICENSE: MICROSOFT OFFICE PROFESSIONAL FOR MAC Downloads from TechRepublic Academy Download Now HIRING KIT: VIRTUAL REALITY DESIGNER Downloads from TechRepublic Premium Download Now THE 2022 COMPLETE LINUX PROGRAMMING CERTIFICATION BUNDLE Training from TechRepublic Academy Get It Today * * * * ACCOUNT INFORMATION TechRepublic close modal SHARE WITH YOUR FRIENDS How ransomware attacks target specific industries Check out this article I found on TechRepublic. Your email has been sent Share: How ransomware attacks target specific industries By Lance Whitney Lance Whitney is a freelance technology writer and trainer and a former IT professional. He's written for Time, CNET, PCMag, and several other publications. He's the author of two tech books--one on Windows and another on LinkedIn. * ACCOUNT INFORMATION TechRepublic close modal CONTACT LANCE WHITNEY Your message has been sent * | * See all of Lance's content * CXO * IT Policies * Networking * Security EDITOR'S PICKS * Image: Rawpixel/Adobe Stock TechRepublic Premium TECHREPUBLIC PREMIUM EDITORIAL CALENDAR: IT POLICIES, CHECKLISTS, TOOLKITS, AND RESEARCH FOR DOWNLOAD TechRepublic Premium content helps you solve your toughest IT issues and jump-start your career or next project. TechRepublic Staff Published: August 5, 2022, 9:30 AM PDT Modified: August 6, 2022, 7:23 PM PDT Read More See more TechRepublic Premium * Image: Adobe Stock Innovation GARTNER IDENTIFIES 25 EMERGING TECHNOLOGIES IN ITS 2022 HYPE CYCLE The technologies could enable immersive experiences, accelerated AI automation and optimized technologist delivery in the next two to 10 years, according to the firm. Esther Shein Published: August 9, 2022, 8:56 AM PDT Modified: August 9, 2022, 8:56 AM PDT Read More See more Innovation * Image: BillionPhotos.com/Adobe Stock CXO TOP 10 ERP VENDORS 2022 Are you an IT manager or executive trying to make the case for a new ERP vendor? Compare the top ERP software solutions with our list today. Brenna Miles Published: July 26, 2022, 8:30 AM PDT Modified: September 13, 2022, 12:17 PM PDT Read More See more CXO * Image: Apple. At WWDC 2022, Apple announced the planned release of the next version of its Mac operating system, macOS Ventura, for the fall of 2022. Software MACOS 13 VENTURA CHEAT SHEET: COMPLETE GUIDE FOR 2022 Learn about the new features available with macOS 13 and how to download and install the latest version of Apple’s flagship operating system. Erik Eckel Published: July 12, 2022, 12:26 PM PDT Modified: September 9, 2022, 11:20 AM PDT Read More See more Software * Image: elenabsl/Adobe Stock Software TOP TECHREPUBLIC ACADEMY TRAINING COURSES AND SOFTWARE OFFERINGS OF 2022 Get great deals on developer and Linux training courses, Microsoft Office licenses and more through these TechRepublic Academy offerings. Brenna Miles Published: July 15, 2022, 8:15 AM PDT Modified: July 15, 2022, 8:15 AM PDT Read More See more Software * Image: iStock/phototechno Cloud MULTICLOUD EXPLAINED: A CHEAT SHEET This comprehensive guide covers the use of services from multiple cloud vendors, including the benefits businesses gain and the challenges IT teams face when using multicloud. Matt Asay Published: August 10, 2022, 12:33 PM PDT Modified: August 16, 2022, 7:07 AM PDT Read More See more Cloud TECHREPUBLIC PREMIUM * TechRepublic Premium HOW TO RECRUIT AND HIRE A SCRUM MASTER Recruiting a Scrum Master with the right combination of technical expertise and experience will require a comprehensive screening process. This hiring kit provides a customizable framework your business can use to find, recruit and ultimately hire the right person for the job. This hiring kit from TechRepublic Premium includes a job description, sample interview questions ... Downloads Published: August 5, 2022, 5:00 PM PDT Modified: August 7, 2022, 4:00 AM PDT Read More See more TechRepublic Premium * TechRepublic Premium WEB 3.0 QUICK GLOSSARY Knowing the terminology associated with Web 3.0 is going to be vital to every IT administrator, developer, network engineer, manager and decision maker in business. This quick glossary will introduce and explain concepts and terms vital to understanding Web 3.0 and the technology that drives and supports it. Downloads Published: August 4, 2022, 5:00 PM PDT Modified: August 7, 2022, 1:00 AM PDT Read More See more TechRepublic Premium * TechRepublic Premium HOW TO RECRUIT AND HIRE A USER EXPERIENCE DESIGNER While the perfect color palette or the most sublime button shading or myriad of other design features play an important role in any product’s success, user interface design is not enough. Customer engagement and retention requires a strategic plan that attempts to measure, quantify and ultimately create a complete satisfying user experience on both an ... Published: August 4, 2022, 5:00 PM PDT Modified: August 7, 2022, 3:00 AM PDT Read More See more TechRepublic Premium * TechRepublic Premium INDUSTRIAL INTERNET OF THINGS: SOFTWARE COMPARISON TOOL IIoT software assists manufacturers and other industrial operations with configuring, managing and monitoring connected devices. A good IoT solution requires capabilities ranging from designing and delivering connected products to collecting and analyzing system data once in the field. Each IIoT use case has its own diverse set of requirements, but there are key capabilities and ... 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