Ransomware is the number one cybersecurity concern for Chief Information Security Officers (CISO) are facing at the beginning of 2022, but it’s just one of many issues which they’re attempting to tackle.
According to research by Microsoft, addressing the threat posed by ransomware is the number one cybersecurity challenge currently facing CISOs, closely followed by configuring cloud security and protecting hybrid, multi-platform enterprise environments.
Ransomware was the most significant cybersecurity issue during 2021 and, according to the survey, CISOs don’t think that’s going to change anytime soon, as cyber criminals continue attempts to encrypt networks and demand a ransom payment – which can be millions of dollars – for the decryption key.
The threat is also increased by the rise of ransomware-as-a-service schemes which allow even more cyber criminals to conduct ransomware campaigns, putting organisations at even greater risk of falling victim to an opportunistic attack.
“No longer do individual cybercriminals have to develop their own tools. Today, they can simply buy proven cybercrime kits and services to incorporate into their campaigns. This gives the average cybercriminal access to better tools and automation to enable scale and drive down costs,” said Vasu Jakkal, corporate vice president for security, identity and compliance at Microsoft.
“As a result, attacks of all