Impacts of Double Extortion Ransomware Attack on Enterprises and Mitigation

In 2019, the world experienced a new method of a ransomware attack- Double extortion. The attack, which was by a malicious group- __[The Maze, targeted Allied Universal, a security company. The Maze group demanded $3.5 million as ransom, or they would leak the remaining 90% of data. The health care sector saw an increase of double extortion by 650%, while the food service by 450%. Other sectors are vulnerable to this attack, and the toll keeps going high with the …

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