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NwTech is an experienced provider of IT security solutions and professional services to corporate, and government institutions for over 20 years. As a trusted IT Security VAR & Consulting Firm, we are committed to working with enterprise customers to provide them with the "best in class" IT Security solutions and technical support, including professional and managed services.
Double Extortion Ransomware
A year and a half ago, ‘double extortion’ ransomware was being used by only one known threat actor. Now, over 16 ransomware groups actively utilize this tactic. So, what is it, and why has it become so popular?
What is double extortion ransomware?
The traditional story of ransomware was one of malicious code rapidly encrypting files with public-key RSA encryption, and then deleting those files if the victim did not pay the ransom.
However, after the infamous WannaCry and NotPetya ransomware campaigns over 2017, companies ramped up their cyber defense. More emphasis was placed on backups and restoration processes, so that even if files were destroyed, organizations had copies in place and could easily restore their data.
Our Portfolo of Authorized Partners include McAfee, Checkpoint, Microsoft, DarkTrace, and Kaspersky.
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