Despite rumors of the demise of ransomware, it’s still very much alive and kicking. We’re providing nine security recommendations and much more to help you stay secure.
Businesses large and small are under threat from increasingly aggressive and brutal ransomware attacks. Loss of access to critical files, followed by a demand for payment, can cause massive disruption to an organization’s productivity.
But hat does a typical attack look like? And what security solutions should be in place to give the best possible defense?
We are examining commonly used techniques to deliver ransomware, looking at why attacks are succeeding, and providing nine security recommendations to help you stay secure. We’ll also be highlighting the critical security technologies that every IT setup should include.
Ransomware – A Brief Introduction
Ransomware is still one of the most widespread and damaging threats that internet users face. Since the infamous CryptoLocker first appeared in 2013, we’ve seen a new era of highly targeted file-encrypting ransomware variants delivered through spam messages and exploit kits, extorting money from home users and businesses alike.
The current wave of ransomware families can have their roots traced back to the early days of Fake AV, through “Locker” variants and finally to the file-encrypting variants that are prevalent today. Each distinct category of malware has shared a common goal – to extort money from victims through social engineering and outright intimidation. The demands for money have grown more forceful and audacious with each iteration with some hackers now demanding millions.
Despite rumors of the demise of ransomware, it is still very much alive and kicking. A Mission Essential CTS survey of 3,100 organizations found that 30% of cyberattack victims had been hit by ransomware. Additionally, and of concern, nine in 10 respondents said their organization was running up to date cybersecurity protection at the time of the attack.
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Mission Essential Cyber Threat Solutions (CTS) offers a variety of cybersecurity solutions, including compromise assessments, managed security services, and trusted security consulting. With over 85% of cyberattacks being financially motivated, Mission Essential CTS is strategically aligned with organizations to identify past, current, and future cyber challenges to prevent financial hardships due to threats. Learn more about Mission Essential CTS and their complete cyber threat solution.