Every 11 seconds, ransomware attacks businesses. Ransomware attacks are already on a record high, and we hear it getting worse.
However, some victims were able to avoid being harmed and declined to pay ransom. At this point attackers added layers of terror to their attack.
In 2021, double extortion ransomware was a popular tactic. In 2022 however, attackers introduced triple extortion as a new attack technique.
How can you protect your company from triple extortion ? Continue reading to learn more.
What’s Double Exortion Ransomware?
Ransomware is increasingly being used by hackers to extract money from individuals and businesses. Double extortion is a type of cybercrime.
The criminals will encrypt victim’s information and threaten to make it public if they don’t receive a ransom.
Once the attacker has gained access to the data that they want, the attacker launches the encryption attack. The attacker then threatens to expose data and sell personal information.
Most often, data from ransom-paid organizations is leaked.
SunCrypt ransomware in September 2022 used DDoS to add an extra attack layer. If the ransom isn’t paid, attackers will overwhelm victim’s servers with traffic.
Soon, malicious actors such as or REvil began to use the same strategy. Due to the increase in IoT devices, and the rise of bitcoins, it is expected that DDoS attacks will continue.
What’s Triple Extortion Ransomware Attack and
Triple extortion is where attackers ask for payment from both the initial compromised company and all those who were hacked.
When Vastaamo (a Finland-based clinic for psychotherapy) was breached, the occurred. The attackers demanded session notes from therapy patients even after they paid the ransom.
After their initial victim was Quanta the hardware supplier, this attacker attempted triple extortion last year.
Criminals demonstrated that they can compromise suppliers and key customers if they have leverage over their initial victim.
This can do irreparable harm to any company’s reputation, no matter what industry.
The Leading Causes for Double- and Triple-Extortions
These are the main reasons for an increase in triple and double extortions:
- The proliferation of ransomware-as-a-service (RaaS) platforms has made it easier for attackers to launch these attacks.
- It is now more difficult to track and trace payments made with cryptocurrency.
- New ransomware varieties have emerged that are specifically made for triple and double extortion.
Is Triple Extortion Ransomware a Threat to My Computer?
Companies with insufficient cybersecurity measures and less experienced security personnel are targets of hackers. Companies that are able to pay ransom demand will also be targeted.
Ransomware attacks are most likely to target companies or organizations that hold customer and client data.
Triple extortion is possible if a company controls or owns important data.
Preventing triple extortion ransomware attack?
Ransomware attacks that are not detected and reported to the authorities often go unnoticed. Businesses will not be notified of ransomware attacks when they are in progress if the detection-centric approach is used. Prevention is the best course of action.
These are three effective strategies to protect yourself from triple extortion attempts:
Protect your network
Double-extortion ransomware is the same method to gain access to your network as conventional ransomware. Training employees in security awareness and setting password policies are key steps to prevent the first access to your network.
To avoid any compromise, run vulnerability assessments and fix known vulnerabilities frequently.
An offline backup is a good option to protect your network from ransomware attacks.
Encrypting your data will prevent double extortion attacks. This ensures that the ransomware groups cannot steal your data if it is stolen.
Cyber Threat Intelligence
Threat Intelligence plays a critical role in cyber security. Information about cyber threats can give you insight into the threat actors and methods that may impact your company.
Keep abreast of all the most recent threat intelligence in order to identify and analyze potential threats. Look out for any signs that could lead to ransomware attacks.
Proper DDoS Protection
DDoS attacks are now available on the RaaS operator’s list of offerings. A DDoS security system should be used to protect your server and network. This software tracks incoming traffic and identifies malicious requests. It then diverts them from your server and network.
Attackers are using sophisticated methods to disperse their DDoS attacks. provides DDoS protection solutions. You can customize mitigation thresholds in order to block and isolate attacks.
Cybercriminals are constantly improving their attacks techniques. You can’t afford to fall behind in order to expose your assets.
Paying ransom to escape a triple extortion attack is not an option if you’re at high risk. You should focus on mitigating and preventing attacks from happening.
It is best to avoid the attacks from ever happening. For preparation, prevention and response to ransomware attacks, a comprehensive plan for ransomware resilience is necessary.