Look at any list of security challenges that CISOs are most concerned about and you’ll consistently find ransomware on them. It’s no wonder: ransomware attacks cripple organizations due to the costs of downtime, recovery, regulatory penalties, and lost revenue. Unfortunately, cybercriminals have added an extra sting to these attacks: they are using ransomware as a smokescreen to divert security teams from other clandestine activities behind the scenes.
Attackers are using the noise of ransomware to their advantage as it provides the perfect cover to distract attention so they can take aim at their real target: exfiltrating IP, research, and other valuable data from the corporate network.
Two bites of the cherry
Although attacks involving million-dollar ransom demands attract headlines, the payout is no longer the sole financial incentive for attackers. The exfi ..
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