In recent times, the fight against cybercriminals has taken a positive turn. In the past, many businesses and organizations found themselves in a tough spot when their computer systems were attacked by ransomware. Ransomware is a nasty kind of software that hackers use to lock up the files on a computer and then demand money to set them free.
The image we present shows a significant change. As per the data from Chainalysis, the payments linked to ransomware dipped in 2024. This is excellent news! It means that fewer people and companies are being forced to pay hackers to unlock their computers.
How did this change happen? It’s all thanks to better cyber hygiene and resilience. Think of cyber hygiene like personal hygiene but for your computer’s health. Just like washing your hands keeps germs at bay, good cyber habits keep hackers away. Organizations have stepped up their game by regularly updating their software, using strong passwords, and teaching their employees how to spot dangerous emails that might carry ransomware.
Furthermore, they’ve got better at bouncing back from attacks without giving in to the hackers’ demands. They keep backup copies of all their important files, so even if they get locked out of their computers, they can still get their work done.
This news is encouraging because it paints a picture of a future where cybercriminals don’t call the shots. But it’s not just big companies that need to be ready—everyone should follow these smart steps to keep their own information safe from ransomware.
If you want to ensure your organization stays ahead in this battle against cyber threats, Diversified Outlook Group is here to lend a hand. From educational workshops to top-notch cyber protection strategies, they’re equipped to help you maintain great cyber hygiene. To learn more about their services and how your organization can be more resilient against cyber threats, reach out at support@diversifiedoutlookgroup.com.
For more on the decrease in ransomware payments, visit www.darkreading.com/cybersecurity-operations/ransomware-groups-made-less-money-in-2024.