![]() ![]() Even with a ransomware strategy in place, companies that fail to follow a thorough ransomware prevention checklist can face challenges when threats are encountered.Ī Better Solution: Take a Data-Centric Approach However, the costs of not implementing new systems can be even greater. Implementing new systems can be a costly investment from both a time and money perspective. With threats constantly changing, it’s necessary to keep all security systems and software up to date to protect from the latest threats. Given that ransomware attacks only continue to rise year after year, failure to implement adequate security measures leaves organizations with a ticking time bomb.Ĭommon reasons companies ignore problems include: In either case, the results on an organization’s finances and reputation can be disastrous.ĭespite the fact that ransomware can take hospitals offline, shutdown utilities or cause millions of dollars of damage, many organizations choose to ignore the problem and simply hope they won’t be targeted. Most commonly, organizations either implement incomplete solutions or ignore the problem completely. However, many companies lack adequate policies and procedures to deal with threats. The ever-changing nature of ransomware requires organizations to stay up-to-date on the latest security threats. What Organizations Get Wrong About Enterprise Ransomware Protection Additionally, the rise of ransomware-as-a-service has made launching ransomware attacks even easier for cybercriminals, further exacerbating the problem. Ransomware attacks are most commonly introduced through email phishing, with more than 92% of all malware being delivered in this manner. Perpetrators then hold the encrypted data hostage and demand a ransom payment in order to decrypt the data. Ransomware is a form of malware designed to hijack a device and render any data it contains unusable through encryption. ![]() Here’s what you need to know about enterprise ransomware protection, what your organization may be getting wrong, and what you can do to better protect your data. ![]() Only by applying a robust and comprehensive approach to ransomware protection can your organization minimize its chances of becoming another statistic. Unfortunately, many organizations still leave gaps in their security protocols, which can pose catastrophic risks to both their finances and their reputations. Attacks are also becoming more sophisticated, further increasing the need for comprehensive enterprise ransomware protection. A ransomware attack costs the typical organization an average of $4.54 million dollars. ![]()
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