Ransomware protection: AI and strategies to combat rising threats [Video]

Since data is the lifeblood of modern business, ransomware protection must be a top priority for enterprises, as cybercriminals are constantly targeting it.

According to the Zscaler Inc. “ThreatLabz 2024 Ransomware Report,” ransomware continues to be incredibly popular among cyber threat actors based on its lucrative nature. For instance, the Dark Angels Ransomware Group was paid $75 million after a data breach, according to Brett Stone-Gross (pictured), senior director of threat intelligence at Zscaler Inc.

“Dark Angels actually operates in the opposite direction,” Stone-Gross said. “They actually don’t want to cause your business a disruption. They want to steal a vast amount of data that they can then hold up as ransom. We described in the report some of the companies they stole data from was between 10 and 100 terabytes of data. This specific company that paid a $75 million ransom is a Fortune 50 company. To them, obviously, they did some math and decided it was worth paying a …