Ransomware Trends 2021 – Fleming Shi – BSW #228

August 16, 2021

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Ransomware attacks have surged in 2021, with the number of attacks increasing dramatically and ransom amounts continuing to skyrocket. Cybercriminals are also expanding their targets, shifting their focus to our critical infrastructure and evolving into deep-rooted software supply chain attack campaigns, which can cause long-lasting devastation.

In the past 12 months, Barracuda researchers have identified and analyzed 121 ransomware incidents, a 64% increase in attacks, year over year. Cybercriminals are still heavily targeting municipalities, health care, and education, but attacks on other businesses are surging.

This segment is sponsored by Barracuda Networks.

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Full Episode Show Notes

Ransomware Trends 2021

Guests

Fleming Shi

Fleming Shi - CTO at Barracuda Networks

@ShiFleming

Fleming joined Barracuda in 2004 as the founding engineer for the company’s web security product offerings, helping to create the first version of Barracuda’s message archiving product and paving the way for expansion into new content security product areas. As Chief Technology Officer, Fleming leads the company’s threat research and innovation engineering teams in building future technology platforms to deliver continued success in our security and data protection products. He has more than 20 patents granted or pending in network and content security.

Hosts

Adrian Sanabria

Adrian Sanabria - Senior Research Engineer at CyberRisk Alliance

@sawaba

Adrian is an outspoken researcher that doesn't shy away from uncomfortable truths. He loves to write about the security industry, tell stories, and still sees the glass as half full.

Jason Albuquerque

Jason Albuquerque - Chief Operating Officer at Envision Technologies

@Jay_Albuquerque

Jason Albuquerque is the COO of Envision Technologies.

Matt Alderman

Matt Alderman - Executive Director at CyberRisk Alliance

@maldermania

Strategic Advisor at Automox, security consultant, and wizard of entrepreneurship.

Announcements

  • CyberRisk Alliance, in partnership with InfraGard, has launched the Critical Infrastructure Resilience Benchmark study. Measure your readiness for ransomware by completing the survey and getting your score. Visit https://securityweekly.com/CIRB to take the survey

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