Oct. 19 (UPI) — Ransomware gangs, some capable of hijacking major computer systems in less than an hour, have emerged as the most common cybersecurity threat this year, according to a new report.
Cybercriminals have become so efficient at staging ransomware attacks that some skilled gangs need only 45 minutes between initial entry to a system and locking it down for ransom, Microsoft analysts said in their annual Digital Defense Report.
“This report makes it clear that threat actors have rapidly increased in sophistication over the past year, using techniques that make them harder to spot and that threaten even the savviest targets,” Microsoft said.
“In addition to attacks becoming more sophisticated, threat actors are showing clear preferences for certain techniques, with notable shifts towards credential harvesting and ransomware, as well as an increasing focus on Internet of Things devices.”
The rising sophistication of ransomware attacks has come in tandem