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Ransomware Defense for Businesses

Ransomware is a type of malware that encrypts files on a victim's computer and servers until a ransom is paid. It exploits vulnerabilities in operating systems to infiltrate networks and disrupt businesses. In 2016, 49% of global businesses were affected by at least one ransomware attack, costing cybercriminals an estimated $1 billion in revenue in the US alone. The highest cost to a business from a ransomware attack was over $200 million for a shipping firm whose cargo movement was disrupted for two days to fix the issue. Organizations can reduce risks by implementing patch management, preventing malware infections, having backup and recovery systems, and using next-generation security tools to detect and prevent ransomware attacks.

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100 views1 page

Ransomware Defense for Businesses

Ransomware is a type of malware that encrypts files on a victim's computer and servers until a ransom is paid. It exploits vulnerabilities in operating systems to infiltrate networks and disrupt businesses. In 2016, 49% of global businesses were affected by at least one ransomware attack, costing cybercriminals an estimated $1 billion in revenue in the US alone. The highest cost to a business from a ransomware attack was over $200 million for a shipping firm whose cargo movement was disrupted for two days to fix the issue. Organizations can reduce risks by implementing patch management, preventing malware infections, having backup and recovery systems, and using next-generation security tools to detect and prevent ransomware attacks.

Uploaded by

ravin.jugdav678
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Ransomware: The pervasive

business disruptor
An infographic by Frost & Sullivan, commissioned
by Dimension Data and Cisco

How does ransomware work?


A malware that encrypts files on a victim’s computer and servers until the
ransom is paid. Successful ransomware attacks exploit vulnerabilities in
operating systems, cause massive business disruption, and generate lucrative
revenue for cyber criminals.

Cost of ransomware
1 2 3

USD 1 billion... Revenue USD 200 million –


49%... Global businesses cybercriminals are estimated to USD 300 million... Highest
affected by at least 1 cyber
generate in the United States alone business impact from a ransomware
ransom attack in 2016, of which
using ransomware ** attack on an international shipping
39% are ransomware attacks*
firm disrupting cargo movement for 2 days
and taking 2 weeks to fix ***

Sources: * Cisco 2017 Mid-Year Cyber Security Report | ** FBI | *** Los Angeles Times

Vulnerable target: Is your organisation at risk?


Affected organisations exhibit the following poor cybersecurity practices:

Lack of patch management Ineffective prevention of malware No backup and recovery


from infecting and spreading system in place

How to fight back using a ransomware


defence framework

Protect
Leverage next-generation security
tools to prevent successful
infiltration of operating system
vulnerabilities

Predict Protect
Detect
Proactively identify new threats Leverage
Use technologies
next-generation
with effective
security
before an attack even occurs threat
toolshunting
to prevent
services
successful
to detect
infiltrationanomalies
of operating system
vulnerabilities

Respond Recover
Promptly block malicious Fast recovery from the
communications, quarantine ransomware incident using a
infected machines, and eradicate secure backup
the ransomware

Key questions to consider in your


ransomware defence strategy

When was your organisation’s last cyber health check?


Do you know your assets and vulnerabilities?

Do you have a multi-faceted


approach with a combination of
Have you reviewed your security solutions and its security solutions and services to stop
ability to stop ransomware attacks? the ransomware kill chain?

Can your networking infrastructure Do you have backup and restore as


enforce security? part of your strategy?

Learn how you can remain business resilient and maximise uptime during
a ransomware attack at www.dimensiondata.com/ransomware

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