Intelligent CIO Europe Issue 01 | Page 24

PRESENTED BY WIN THE WAR AGAINST RANSOMWARE SIX TIPS TO FEND OFF SECURITY THREATS WITHOUT PAYING A KING’S RANSOM T Download whitepaper here he threat of ransomware is only just beginning. In fact, nearly 50% of organisations have suffered at least one ransomware attack in the last 12 months, and experts predict this will continue at an exponential rate. While healthcare and financial services are the most targeted industries, no organisation is immune. And the cost? Nothing short of exorbitant. Ransomware is indeed big business. But to win this war against this cyberthreat, without paying a King’s Ransom, you need a strong defence. Rather than arming yourself with battering rams and catapults consider these tips to protect against the threat of ransomware and take control of your enterprise’s kingdom for good. The truth is ransomware isn’t new. It’s been around in one form or another for at least 20 years. 24 INTELLIGENTCIO Traditionally, there are two forms of ransomware: ‘Blockers’ which simply block the user’s abilty to access files and ‘encryptors’ that encrypt the user’s file, usually irreversibly. Both hold the victim ‘ransom’ forcing them to pay for continued access to data. It’s been the penetration of crypto-ransomware that has driven the most recent influx of ransomware incidents. According to Security Week, CryptoWall accounted for nearly 59% of incidents between 2014 and 2015. But between 2015 and 2016 TeslaCrypt replaced CryptoWall and was the culprit behind nearly 49% of all ransomware attacks. While CryptoWall and TeslaCrypt got the most press attention there’s in fact a 600% growth in ransomware families since December 2015. www.intelligentcio.com