Cisco: Ransomware Seeks Destruction, Not Ransom

The Cisco 2018 Annual Cybersecurity report rounds up the state of the threat landscape, including the changing nature of ransomware.

Cash isnt the motivation for much so-called ransomware, according to a Cisco security executive. Instead, attacks such as last years WannaCry have a thin layer of ransomware to hide the real objective: Disrupting services at the target.
As part of achieving that end, malware stays dormant for long periods, to better infect backups and archives, said Franc Artes, architect for Cisco Systems Inc. (Nasdaq: CSCO) security business, in an interview with Enterprise Cloud News discussing the
Cisco 2018 Annual Cybersecurity Report
, released Wednesday.
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The report also describes how attackers are leveraging the cloud as a weapon, enterprises are failing to defend themselves on the cloud, and the cost of attacks are mounting.
Read more about the report and how attacks on the enterprise are changing on Enterprise Cloud News. (See
Unknown Document 740729
.)
Related posts:
Cisco Report: Theyre Coming for Your Servers
Cisco Looks to Thwart Encrypted Network Threats
Apple & Cisco Look to Ease Burden of Cybersecurity Insurance
— Mitch Wagner

Editor,
Enterprise Cloud News

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Cisco: Ransomware Seeks Destruction, Not Ransom