An extensive report on ransomware by Vectra highlights how ransomware actors turn compromised networks into their most powerful weapon during an attack, as it allows them to encrypt shared documents on network servers, including those stored in the cloud.
Threat actors use this tactic to target firms like cloud service providers that are more likely to pay the ransom because, as Chris Morales of Vectra explains, “the fallout from ransomware attacks against cloud service providers is far more devastating when the business systems of every cloud-hosted customer are encrypted.” Morales describes the more sophisticated, targeted ransomware campaigns that have emerged as “an efficient, premeditated criminal threat with a rapid close and no middleman.”
Read more: Vectra: Ransomware attacks are spreading to cloud, datacenter, and enterprise infrastructure
