Today, cybercrime is on the rise and ransomware is a bigger business and one of the most dreaded and pressing concerns of any organization. In 2020, when remote working was only an option for many organizations, companies saw a massive increase in ransomware attacks that have had a significant impact on remote working and weakened security processes. Attackers have been found targeting government organizations, private companies, educational institutions, healthcare providers, etc. And now 2021 has seen a dramatic increase in that activity, with high-profile ransom attacks on critical infrastructure, private companies and municipalities making headlines daily. based.
Ransomware can have a huge impact in an organization, including:
– Loss or destruction of crucial information
– Business downtime
– Loss of productivity
– Business disruption in the post-attack period
– Damage to hostage systems, data and files
– Loss of reputation of the victim company
In the first half of 2021, 121 ransomware incidents were reported and the average payment for ransomware in 2021 increased by 82%. The worst ransomware attack of the past shows that every business needs to protect itself. While it is nearly impossible to eliminate all risks of ransomware, there are some things that can be done to make the network a less desirable target. Usually, attackers are looking for high value targets with easily exploited vulnerabilities.
To stop the ransomware pandemic, we need to start with the basics like regularly backing up your system locally, restricting permissions, keeping your systems and software updated regularly, and finally, never clicking on unfamiliar links. As ransomware continues to spread, it is essential that CISOs follow best practices to counter ransomware risks and avoid huge losses. There are a number of steps companies can take to reduce the risk of a ransom attack. These include:
– The most effective way to deal with ransomware attacks is to use the 3-2-1 backup rule: keep at least three separate versions of data on two different types of storage with at least one offsite.
– Train your employees on how to recognize phishing attacks as well as best practices such as not opening attachments or links in emails from unknown senders, checking link URLs and never clicking pop-up windows.
– Use an intrusion detection system to stop early ransomware attacks using continuous monitoring to detect signs of abnormal or malicious activity in real time.
– Use robust access management to restrict unwarranted access and reduce the number of access points through which malware can enter your organization.
– Reduce vulnerabilities in your operating systems, browsers and other applications by updating them regularly.
Preventing a ransomware attack is possible, all you need is a robust file system monitoring, alerting and response solution in place. Businesses should consider implementing advanced ransomware protection, as these solutions are equipped to block, mitigate and mitigate cyber threats with technology that combines cybersecurity and data protection in all of today’s complex IT environments. ‘hui.