These Are the Industries Most Affected by Ransomware

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Adi Ahdiat 16/05/2023 12:20 WIB

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According to a RiskRecon study, between January 2016 and November 2022, ransomware attacks most frequently targeted the healthcare industry, including hospitals and clinics.

Top 10 Industry Sectors with the Highest Proportion of Global Ransomware Cases (January 2016-November 2022)*

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Top 10 Industry Sectors with the Highest Proportion of Global Ransomware Cases (January 2016-November 2022)*

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RiskRecon, a cybersecurity firm under MasterCard, conducted a study of 1,000 announced destructive ransomware attacks worldwide between January 2016 and November 2022.

Of these, the majority of attacks (17%) targeted the healthcare industry, such as hospitals and clinics.

Ransomware also frequently attacked the education sector, local government institutions, manufacturing, professional services, the software industry, finance, retail, media, and utilities, with proportions as shown in the graph.

Essentially, ransomware is a type of malware—software that can infiltrate computer systems, networks, or servers, and modify the data within.

What makes ransomware unique is its ability to encrypt or convert data into secret code, making it inaccessible to the owner.

Ransomware attackers then often demand a "ransom" from victims to restore the encrypted data.

According to the cybersecurity firm Kaspersky, ransomware is currently the most popular cybercrime due to its clear and easily implemented monetization model.

In early May 2023, the LockBit hacking group claimed to have launched a ransomware attack on Bank Syariah Indonesia (BSI) and stolen its data.

"@darktracer_int" tweeted on Tuesday, May 16, 2023, "The negotiation period has ended, and the LockBit ransomware group has finally published all the data they stole from Bank Syariah Indonesia on the dark web."

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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