Software-as-a-service applications emerge as new target for ransomware, report reveals

The report shows that Apple’s iCloud and Microsoft Outlook 365 are among products with the maximum vulnerabilities

Software-as-a-service (SaaS) applications have emerged as a new target for ransomware, and had the highest count of vulnerabilities that were seen trending with active exploits.

“We saw ransomware targeting 12 SaaS products with 47 vulnerabilities. We also found that 19 of these Common Vulnerabilities and Exposures (CVEs) are trending between 2018 and 2020,” pointed out a study report ‘Ransomware Through the Lens of Threat and Vulnerability Management’ by Chennai-based Cyber Security Works (CSW), an official CVE Numbering Authority (CNA), along with RiskSense, a company that provides risk-based vulnerability management.

The report shows that products with maximum vulnerabilities would be Apple’s iCloud, Microsoft Outlook 365, HP’s Application Lifecycle management, Oracle’s Fusion Middleware, Adobe’s Adobe Air, IBM’s Lotus Domino, and Notes….

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