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Ransomware Attacks on the Rise, AIS Issues Warning

AIS warns of rise in the number of ransomware attacks

The recent surge in ransomware attacks has severely impacted the operations of agencies and businesses, tarnishing their reputation and posing a threat to national cyberspace.

VNDIRECT securities fell victim to an attack on March 24, and it took a week to resolve the issue and resume transactions.

Hackers exploited a security loophole in TeamViewer to infiltrate an enterprise’s system and deploy the LockBit 3.0 malware, highlighting the importance of robust cybersecurity measures.

NCSC has identified various advanced persistent threats, urging organizations to be vigilant and monitor their systems diligently to mitigate risks.

Organizations are advised to update their security protocols based on the IOCs provided to counter potential cyber threats effectively.

The growing number of ransomware attacks has been a global concern with Vietnam experiencing a significant increase in cyber incidents, according to VSEC and other security firms.

Ransomware attacks have caused substantial financial losses and data breaches, emphasizing the critical need for enhanced cybersecurity measures and preparedness.

Experts predict that ransomware attacks will persist as attackers develop more sophisticated methods to encrypt data swiftly, underscoring the necessity for robust cybersecurity strategies.

Minister of Information and Communications, Nguyen Manh Hung, has outlined six key strategies to bolster information security and ensure swift recovery in the event of a cybersecurity breach.

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