By Threat Intelligence
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29 Feb, 2024
Ransomware is on the rise. In 2020, ransomware attacks surged by 150% , with the average attack extorting as much as $170,000 (although cybercriminal groups such as Maze, Egregor, and RagnarLocker extorted much higher amounts of $1-2 million). Ransomware has even been dubbed “ the face of cybercrime in 2020 .” Clearly, this is a lucrative crime, but what is considered ransomware? Ransomware is any number of malicious programs launched by bad actors who then gain unauthorized access to a system. Once they’ve gained access, these criminals then encrypt the victim’s files, denying access until the victim pays a ransom. As you can no doubt imagine, ransomware can be very, very devastating, especially when the attackers target healthcare systems and financial firms, gaining access to medical and PCI data. To mitigate the risks of ransomware and boost their IT security, many organizations are adopting something known as network segmentation. In this article, we will explore various aspects of network segmentation, including: What network segmentation is, What the different types of network segmentation are, and The benefits of network segmentation.