What is Ransomware?
Ransomware is malware designed to block a user or organization access to files on their computers, servers, network-attached storage devices, cloud storages etc. By encrypting these files and demanding a ransom payment for the decryption key, these malware place organizations in a position where paying the ransom is the easiest and cheapest way to regain access to their files. Some variants have added additional functionality – such as data theft – to provide further incentive for ransomware victims to pay the ransom.
The COVID-19 pandemic contributed to the recent surge in ransomware, Global surge in ransomware attacks hits 102% increase this year compared to the beginning of 2020, and shows no sign of slowing down
Organizations in Asia Pacific are targeted more than any other region
How to Protect Against Ransomware?
- Frequent Data Backups
- Offline Data Backups
- Using an Advanced Endpoint Solution
- Regular Patching (Servers, Computers, Network Devices etc.)
- Multi-Factor Authentication
- E-Mail Security
- Network Segmentation
- Administrator Account Control
- Do not use unlicensed / crack software
Ransomware is one of the most popular threats now!
- This threat has clear monetization model
- It is easy to implement such malware
How can we help?
The cost of protecting your organization before ransomware happens is lower than paying the ransom. With the advanced technologies from our industry-leading partners, Check Point and Kaspersky, along with our system hardening service, we can help you defend your organization against ransomware.