Conti Ransomware: Data Breaches and More

Conti Ransomware: Data Breaches and More

Last Updated on March 18, 2022 by rida

In 2021, ransomware was just 10% of all data breaches. However, this is double the number in 2020 and this type of malware can have a devastating effect on the victims.

Recently, one piece of ransomware of interest is Conti, which is one of the most ruthless ransomware gangs around.

Want to learn more about Conti ransomware? Then keep reading. We’ll tell you what it is and how you can protect yourself from this malware.

What Is Conti Ransomware?

Conti ransomware has been around since early 2021, but in 2022, it’s still a huge threat. This group has carried out over 400 cyberattacks all over the world, with the majority of them located in the US. For example, there was the Shutterfly data breach in December 2021.

In addition, this gang has asked for amounts as high as $25 million. This makes their demands some of the highest in history.

It’s also been found that the Conti group supports the Russian invasion of Ukraine, which can mean future efforts to help Russia in cyberattacks.

When it comes to the Conti ransomware analysis, it’s not particularly sophisticated. The group carries out its attacks by sending out phishing emails and exploiting internet-facing applications that aren’t well protected. It also takes advantage of accounts that don’t use multi-factor authentication (MFA).

Once they’ve infiltrated a network, they’ll lock up the victim’s device and files, rendering them inaccessible. Not only that, but they’ll steal data then threaten to leak the files if the ransoms aren’t paid.

What’s upsetting about this is many Conti ransomware victims aren’t given back access after paying up. So not only are they left without their data, but they’re also out a large sum from their bank accounts.

How to Protect Against Ransomware Software

To fight against ransomware hackers such as those from the Conti group, you need to implement stricter measures.

Most importantly, you (and any fellow employees) need to improve on phishing detection. This can be done through awareness training provided by either an experienced chief security officer (CSO) or a third-party IT company that specializes in cybersecurity. It can be beneficial to employ the services of both for maximum security.

Backing up your data on a regular basis can also save your skin should you fall victim to a ransomware attack. You won’t have to pay up, as you can wipe your devices and start over from the last backup. While you might lose some data, it’s better than losing a significant amount of money and possibly all of your data.

Safeguard Your Information From Malware

Now you know about Conti ransomware and what it can do.

Unfortunately, it doesn’t stop here. Hackers will keep trying their best to infiltrate your system, so keep up with good cybersecurity to have the best fighting chance possible. We highly suggest hiring a CSO and IT services so your network has an ironclad defense that’ll be tough to penetrate.

To keep learning about digital threats and security, check out the rest of our blog page.