Ransomware-as-a-Service: The latest dangerous threat to Australian businesses.

Dekko Fortnightly Report

The latest dangerous cyber threat to Australian businesses.

What You Need To Know: Researchers at Group-IB have found nearly two-thirds of cyber attacks in 2020 came from cybercriminals using a Ransomware-as-a-Service model.

These malicious software kits, sold on the dark-web, are designed and marketed to be accessible and easy to use, allowing those who don’t have the capability to develop ransomware to execute ransomware attacks.

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Key takeaways from the Australian Cyber Security Centre’s annual threat report.

The ACSC’s annual threat report details the key threats to Australian systems and networks. It is the second public report since the annual threat report became declassified in 2020.

  • Cyber crime incidents are up 13% from last year, with victims lodging a new cybercrime report every 8 minutes.

  • About a quarter of reports are associated with Australia’s critical infrastructure or essential services.

  • The healthcare sector was the second highest reporter of ransomware attacks after the professional, scientific and technical services sector.

  • Cyber crime is estimated to have cost Australian businesses and individuals $33B over the last year.

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See how Dekko can protect your organisation from Ransomware-as-a-Service attacks by ensuring your confidential files are accessed by authorised parties only, with detailed control that removes human error and cyber risk.

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