Destructive attacks have left their mark over the past few years, wiping data and rendering millions of enterprise devices inoperable at companies around the world. A new report today from IBM X-Force Incident Response and Intelligence Services (IRIS) shows that these attacks have been on the rise, posing a growing threat to a wide variety of businesses that may not consider themselves an obvious target.
In the past, destructive malware was primarily used by sophisticated nation-state actors, but new analysis from X-Force’s incident response data has found that these attacks are now becoming more popular among cybercriminal attackers, with ransomware attacks including wiper elements to increase the pressure on victims to pay the ransom. As a result of this expanding profile, X-Force IRIS noted a whopping 200 percent increase in the amount of destructive attacks that our team has helped companies respond to over the past six months (comparing IBM incident response activities in the first half of 2019 versus the second half of 2018).
The evolving trend of destructive malware attacks also means that organizations of all shapes and sizes may find themselves a target in the near future — and must prepare accordingly.
Destructive Attacks — By the Numbers
An analysis of real-world incident response data from X-Force IRIS paints a picture of the devastating effects of these attacks on companies. A few of the key findings include:
Massive destruction, massive costs: Destructive attacks are costing multinational companies $239 million on average. As a p ..
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