Attackers Prefer Ransomware to Stealing Data

Cyber crime is almost the perfect example of free market capitalism. Though there’s a lot of regulation, the market actors ignore it…:

[…] For the first time, more cybersecurity incidents involved recovering from ransomware attacks rather than dealing with the fallout of stolen data — a sign that attackers are shifting their tactics, according to cybersecurity services firm Trustwave, which published its annual threat report today.

Ransomware accounted for 18% of the compromises investigated by Trustwave in 2019, up from only 4% the previous year, while attacks that targeted financial data accounted for 17% of breaches, up from 1% the previous year, according to the firm. The previous two most targeted data types — chip-and-pin information and user credentials — fell to 14% and 13%, respectively, of investigations in 2019, down from 25% and 21% of compromises in 2018.

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Original article here