Application Security

Cisco: 'Ransomware' Seeks Destruction, Not Ransom

The Cisco 2018 Annual Cybersecurity report rounds up the state of the threat landscape, including the changing nature of ransomware.

Mitch Wagner, California Bureau Chief, Light Reading

February 22, 2018

1 Min Read

Cash isn't the motivation for much so-called ransomware, according to a Cisco security executive. Instead, attacks such as last year's WannaCry have a "thin layer of ransomware" to hide the real objective: Disrupting services at the target.

As part of achieving that end, malware stays dormant for long periods, to better infect backups and archives, said Franc Artes, architect for Cisco Systems Inc. (Nasdaq: CSCO) security business, in an interview with Enterprise Cloud News discussing the Cisco 2018 Annual Cybersecurity Report, released Wednesday.

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The report also describes how attackers are leveraging the cloud as a weapon, enterprises are failing to defend themselves on the cloud, and the cost of attacks are mounting.

Read more about the report and how attacks on the enterprise are changing on Enterprise Cloud News. (See Unknown Document 740729.)