It's even expected to rise even more in forthcoming years. The average cost of a data breach was $3.86 million in 2004, according to IBM, and that number has since risen to $4.24 million as of 2021. Your customer information wouldn't be safe if hackers made off with it as they could use this data in several ways, perhaps by blackmailing you or even selling it on the black market or deep web. Many hackers may try to steal your passwords or bank accounts to make money by taking off with your hard-earned cash. One of the most common motivations for breaking into a system is monetary gain. We've listed the 4 most common motivations behind the hacking. When hackers hack, they do so for several reasons. We can bring in support of security experts like Indusface to defend ourselves and pursue an attack-reduction strategy to reduce both the likelihood and impact of becoming the victim of a cyberattack.īut what characteristics do companies possess that tend to attract cyberattacks, and why do hackers target them?Īnd if you knew your company was a likely target, would it make sense for you to be wary of the many ways your information could be compromised? What Motivates a Hacker? It is evident why certain individuals and companies are targeted because of their software or hardware weaknesses, while others affected do not have this common Achilles' heel due to planning and barriers put in place. Whether running a port scan or cracking default passwords, application vulnerability, phishing emails, or ransomware campaigns, every hacker has different reasons for infiltrating our systems.
Given the recent spate of data breaches, it is extremely challenging for organizations to be able to protect every organization from every hack. While other Ransomware variants can spread fast and encrypt files within short time frames, Conti ransomware has demonstrated unmatched speed by which it can access victims' systems. So, how different is a ransomware attack like Conti from the infamous "WannaCry" or "NotPetya"? The State Department said the Conti strain of ransomware was the most costly in terms of payments made by victims as of January.Ĭonti, a ransomware-as-a-service (RaaS) program, is one of the most notorious ransomware groups and has been responsible for infecting hundreds of servers with malware to gain corporate data or digital damage systems, essentially spreading misery to individuals and hospitals, businesses, government agencies and more all over the world. Enforcing the "double-extortion" technique aka pay-now-or-get-breached emerged as a head-turner last year.
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