Ransomware attacks now have dwell time of 24 hours

Share post:

Ransomware attacks are getting faster and more efficient, with cybercriminals now able to deploy ransomware in just 24 hours, according to a new study by Secureworks.

In 2023, the average dwell time for ransomware attacks fell to 24 hours, down from 4.5 days in 2022 and 5.5 days in 2021. This means that cybercriminals are now able to encrypt their victims’ data much faster than ever before, making it even more difficult for organizations to recover.

The study also found that in nearly two-thirds of cases analyzed, cybercriminals were able to deploy ransomware within a day of gaining initial access to the victim’s network. In more than 10 percent of cases, ransomware was deployed within five hours.

Secureworks researchers attribute the acceleration of ransomware attacks to factors like improved detection technologies, increased popularity of Ransomware-as-a-service (RaaS), and increased use of vulnerabilities and stolen credentials.

Secureworks also identified vulnerability-scanning tools, stolen credentials, and phishing emails as the three main initial access drivers that are being used to facilitate ransomware attacks.

The sources for this piece include an article in TheRegister.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for week ending Friday, Feb. 23, 2024

This episode features discussion on the takedown of the LockBit ransomware gang

Breaking news: RCMP facing ‘alarming’ cyber attack

The RCMP is facing a serious cyber attack from an unspecified threat actor. The Mounties told CBC News today that a “breach of this magnitude is alarming.” “The situation is evolving quickly but at this time, there is no impact on RCMP operations and no known threat to the safety and security of Canadians,” a spokesperson

Leaked documents may show the inside of China’s hacking strategy

Documents apparently stolen by disgruntled employees to embarrass their firm may give insight into China's cyber

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways