How ransomware attacks target particular markets


Analyzing over 100 popular ransomware incidents, Barracuda found the top targeted

ransomware.sectors to be education, municipalities, healthcare, facilities and monetary. Image: nevarpp, Getty Images/iStockphoto Must-read security protection Ransomware attacks can affect any kind of organization in virtually any sector. However, some industries have actually proven to be more tempting targets for cyber lawbreakers. In a report released Wednesday, August 24, security service provider Barracuda talks about which kinds of companies have actually been in the crosshairs of ransomware and provides suggestions on how to combat these attacks.

The variety of ransomware risks detected by Barracuda leapt between January and June of 2022 to more than 1.2 million each month. The volume of real ransomware attacks increased in January however then began to slow down in Might.

Zeroing in on 106 extremely publicized attacks, Barracuda researchers discovered 5 markets as the primary victims: education targeted in 15% of the attacks, towns in 12%, healthcare in 12%, facilities in 8% and monetary in 6%.

Targeted industries face increases in ransomware occurrences

Throughout the past 12 months, attacks versus municipalities increased a little, but those against educational institutions more than doubled, while attacks versus healthcare and financial business tripled. Over the same time, attacks versus critical facilities have quadrupled, an indication that cyber criminal gangs and hostile nation-states are aiming to cause as much civilian casualties as possible beyond the effect to the preliminary victim.

SEE: How to safeguard your company from ransomware-as-a-service attacks (TechRepublic)

In addition to the five most targeted industries, other sectors have borne their own impact of ransomware attacks. Provider accounted for 14% of the attacks examined by Barracuda. Using IT assistance and other kinds of service services, these companies are targets due to the fact that of the access they hold to consumers and clients, all of whom can be affected in a ransomware attack.

Ransomware occurrences against car business, hospitality companies, media companies, retail business, software application service providers and technology organizations likewise increased over the past 12 months.

Ransomware in action

To illustrate how ransomware frequently works, Barracuda’s report highlighted attacks against 3 various business.


In an incident from August 2021, enemies from the BlackMatter ransomware group sent out a company a phishing e-mail designed to jeopardize staff member accounts. Gaining network access, the lawbreakers had the ability to scan and move laterally within the network, setting up hacking tools and taking sensitive information.

Upon receiving a ransom need in September 2021, the business contacted their managed service provider, which reached out to Barracuda for assistance. After the infected systems were separated and passwords reset, the encrypted systems were reimaged from backup. Business was able to work out the ransom to half the initial need, however the assailants still leaked the taken information.


In an event from October 2021, the Karakurt Data Extortion Group introduced a strength attack on the VPN login page of a company. The attack helped the cyber criminals jeopardize a number of domain controllers and utilize RDP to access the compromised systems. The following month, the attackers started to customize the firewall guidelines.

After the ransom need showed up in January of 2022, Barracuda found and obstructed the indications of compromise (IOCs), reset the preyed on account, and developed devoted security information and occasion management (SIEM) guidelines. Still, the stolen information was dripped online in February.


And in another incident, attackers from the LockBit cybercrime group were able to use taken qualifications to sign into the VPN login page of a business that did not have MFA in place. Using malicious PowerShell scripts and installing system-level DLLs (vibrant link libraries), the cyber criminals took more qualifications and accessed crucial passwords.

The attackers likewise jeopardized a PC running Windows 7, which Microsoft no longer supports with security updates. After getting the ransom need, the business reached out for aid, resulting in the quarantine of suspicious files and a restore of Active Directory site.

Barracuda provides suggestions to fight ransomware attacks

The 3 incidents cited in the report shared specific commonness. The attacks were carried over the course of numerous months rather than just a week or a single day. VPNs are always a popular target, as they can easily lead assailants to vital network possessions, and credentials were stolen through phishing attacks or acquired on the dark web.

SEE: Train for a few of today’s leading cybersecurity credentials for $39 (TechRepublic Academy)

Email account credentials that relate to Microsoft 365 for a single sign-on are hassle-free, but if jeopardized, they can open the floodgates to a corporate network.

To help companies fight these types of ransomware attacks, Barracuda offers several suggestions.

  • Disable Macros: To avoid particular types of malware, disable macro scripts from Microsoft Workplace files sent out by e-mail.
  • Segment Your Network: Guaranteeing your network is segmented will reduce the spread of ransomware and prevent attacks from moving laterally.
  • Get Rid of Unused or Unauthorized Applications: Review and remove any unapproved software application that might be utilized for compromise, paying unique attention to remote desktop and remote monitoring programs.
  • Enhance Web Application and API Security Services: To safeguard your web applications from hackers and harmful bots, make sure to allow the best security services, including those that defend against distributed denial-of-service (DDoS) attacks.
  • Review Credentials and Gain Access To Control Used for Backups: The account credentials for offline and cloud-based backups ought to be various from those for typical systems.


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