As for its evolution, we foresaw in our security predictions that ransomware in 2021 will become an even more sinister threat as it becomes more targeted and new families (such as Egregor) emerge. Most of the recent ransomware campaigns have adopted double extortion techniques where threat actors both encrypt a company’s files and leak their data to the public. Organizations that are affected by ransomware attacks typically incur losses in financial damages worth millions, alongside experiencing inaccessibility and even exposure of sensitive data.

What are some of these tools and how exactly are they weaponized?Īs ransomware operators continue to equip themselves with more weapons in their arsenal, the stakes are getting even higher for targeted organizations that can suffer from grave consequences brought about by these attacks.

However, cybercriminals have found a way to exploit them for ransomware campaigns. These tools were intended for use in security research and other authorized purposes.

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