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The Cyber-Criminals Behind Ransomware and How they Succeed | #ransomware | #cybercrime


NYC area cyber security expert explains the complex network of criminals behind ransomware and why their business model succeeds—in a new article from eMazzanti Technologies

HOBOKEN, N.J. , June 7, 2023 /PRNewswire-PRWeb/ — A NYC area cyber security expert explains the network of cyber-criminals behind ransomware in a new article. The informative article first cites a report by Bleeping Computer, stating that March 2023 set a record for ransomware attacks, with 459 major attacks reported worldwide.

The author then explains the players involved in the complex ransomware crime network, including developers, distributors, affiliates, and money launderers. She then reviews how the criminals behind ransomware succeed, citing the lack of adequate cybersecurity measures and awareness as a major factor. She also claims that the willingness of victims to pay the ransom contributes to the ransomware plague.

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“One of the most profitable and widespread cybercrimes in the world, ransomware plagues millions of individuals and organizations every year,” stated Jennifer Mazzanti, CEO, eMazzanti Technologies.”

Below are a few excerpts from the article, “The Cyber-Criminals Behind Ransomware and How they Succeed.”


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The Criminals Behind Ransomware

“Developers: These technically skilled individuals and organizations create and update the ransomware code, often selling it as a service to other criminals. For example, the developers of REvil ransomware claimed to make over $100 million in 2020 by providing their software to affiliates.”

“Distributors: Organized to spread the ransomware to potential victims, they employ various methods such as phishing emails, malicious websites, or compromised networks. The distributors of Emotet malware have infected millions of computers worldwide by sending spam emails with malicious attachments.”

How the Criminals Behind Ransomware Succeed

“The criminals behind ransomware succeed because they exploit several weaknesses in our defense. These include the lack of adequate cybersecurity measures and awareness among individuals and organizations, making them vulnerable to ransomware attacks.”

How to Prevent Ransomware Attacks

“Most successful ransomware attacks compromise one or more highly privileged user accounts. To guard against the compromise of privileged accounts, organizations need to implement information security governance. Least privilege and zero trust policies, multi-factor authentication (MFA), and randomized administrator passwords provide needed additional security.”

Ransomware Prevention Experts

The cyber security consultants at eMazzanti Technologies possess the expertise and tools necessary to protect organizations from ransomware attacks. They help business leaders choose and configure the tools required, including access management, email protection, cloud backups, data encryption, and continuous network monitoring.

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About eMazzanti Technologies

eMazzanti’s team of trained, certified IT experts rapidly deliver increased revenue growth, data security and productivity for clients ranging from law firms to high-end global retailers, expertly providing advanced business cyber security, retail and payment technology, digital marketing services, cloud and mobile solutions, multi-site implementations, 24×7 outsourced network management, remote monitoring, and support.

eMazzanti’s consistent growth landed them on the Inc. 5000 list 9X. Recognized as a 4X Microsoft Partner of the Year, the #1 ranked NYC area MSP, NJ Business of the Year, and 5X WatchGuard Partner of the Year, the company excels as a trusted outsourced IT partner! Contact: 1-866-362-9926, [email protected] or http://www.emazzanti.net Twitter: @emazzanti Facebook: Facebook.com/emazzantitechnologies.

Media Contact

Kent Sorensen, eMazzanti Technologies, 14803345403, [email protected]

 

SOURCE eMazzanti Technologies

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