2020 Threat Report: Ransomware

No End In Sight

Everything-as-a-service is a defining characteristic of our current corporate landscape. Perhaps it was inevitable that the concept eventually spread to the Internet’s darkest corners as crimeware-as-a-service (CaaS). 

Today, skilled threat actors sell their cybercrime tools and services to networks of malicious actors. This enables the specialization and selling of criminal services in a manner mirroring that of the legitimate business world. The increasing sophistication of cyber criminals comes as no surprise given the growing profit potential of cyber attacks. 

Unfortunately, the trend of CaaS will likely accelerate in the coming year as connectivity and new technologies expand the attack surface. In particular, ransomware-as-a-service (RaaS) is likely to proliferate and continue to target organizations and government agencies. The legacy nature of some industry and government data systems means the RaaS wave is still cresting and unlikely to break in 2020.

Top Ransomware Industry Targets in 2019

Top Verticals Affected Percent of Total Affected
Technology - Software 26%
Service Provider 11%
Manufacturing 10%
Healthcare 9%
Government - Local/Education 7%
Other 37%

Learn more about ransomware, including how to prevent and remediate it.

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For more information on how ransomware evolved and impacted the 2019 threat landscape, download the full BlackBerry® 2020 Threat Report.

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BlackBerry 2020 Threat Report Highlights
Cloud Security in 2019
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2020 Threat Report