Intelligent CIO Middle East Issue 13 | Page 60

INTELLIGENT BRANDS // Enterprise Security powered by W e live in a completely different security world from a decade ago and the kinds of threats we face have taken a new form. This time it’s ransomware. Over the course of just a few years, this threat has evolved from an annoying pop-up to a screen freezer that utilises disturbing imagery to a sophisticated malicious program that encrypts important files. We’ve had a lot to say about ransomware over the last few months. We’ve looked at the relationship between ransomware and malvertising, discussed how ransomware is dominating the threat landscape, and talked about how to protect your business from this threat. We’re taking a hard look at ransomware for good reason: the return on investment for cybercriminals yields tremendous profit for little effort, and they’ve been ramping up efforts to target businesses over the last year. And now we have data to demonstrate how that increased effort has affected businesses around the world. A couple months ago, we sponsored a report conducted by Osterman Research on the global impact of ransomware. 60 INTELLIGENTCIO Some of the highlights from the findings from this report are: • More than 60% of attacks took more than 9 hours to remediate • Nearly 19% of companies had to stop business immediately after discovering a ransomware attack Currently enterprise security measures are weak against ransomware. Almost half of ransomware incidents occurred on a desktop within the enterprise security environment. Don’t become a statistic. Speak to Malwarebytes today about how you can become protected – www.malwarebytes.com/ransomware www.intelligentcio.com