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Microsoft: The Threat of Ransomware Attacks Continues to Escalate in Complexity and Severity 

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This includes the victim’s IP address, the victim’s username, and the victim’s password. This information is then used to access the victim’s account and steal sensitive data or launch further attacks,” the report said. “This is a significant shift in tactics, as these attacks were previously associated with nation-state actors.”Microsoft also found that financially-motivated actors are increasingly using ransomware as a service (RaaS) platforms, which allow them to launch attacks without having to develop their own ransomware. This has led to a significant increase in the number of ransomware attacks, as well as a decrease in the success rate of these attacks due to improved defenses. However, the report notes that these attacks are still highly disruptive and costly for organizations, with the average ransom demand increasing by 60% in the last year.Overall, the report highlights the growing threat of cybercrime and nation-state attacks, as well as the need for organizations to continuously improve their defenses and stay vigilant against evolving tactics and techniques.  

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