Ransomware Attacks Double the Trouble
Ransomware attacks almost doubled in 2021, rising 92.7% year-over-year, according to NCC Group’s 2021 Annual Threat Monitor. The most-targeted regions were North America (53% of attacks) and Europe (30%). The most-targeted sectors were industrial (19.35%), public (19.35%) and consumer cyclicals (16.13%).
There has been a gradual rise in ransomware attacks since the pandemic began in 2020, with ransomware accounting for 65.38% of all incidents recorded by NCC Group in 2021.
The most prevalent threat actor noted in the report was Conti, a Russia-based group that emerged in 2017. Conti represented 18% of all attacks across the past two years; the industrial sector was its main target. Another notable threat is Lockbit, with 16.4% of cases.
Construction Executive, an award-winning magazine published by Associated Builders and Contractors, is the leading source for news, market developments and business issues impacting the construction industry. CE helps its more than 50,000 print readers understand and manage risk, technology, economics, legal challenges and more to run more profitable and productive businesses.