Hacking has evolved but has your approach in dealing with the threat of ransomware?
“The biggest financial consequence to organisations that experience a data breach is lost business.”
That quote comes from a recent IBM/Ponemon Institute study, which revealed that 51% of data security breaches in the UK are malicious. Equally alarming is 24% caused by human error. Your data is your most valuable asset, yet a ransomware attack can make it inaccessible in minutes.
A 2016 YouGov poll showed that 77% of people would think twice about giving their custom to a company that had made headlines for failing to stop a data security breach. The poll was commissioned by the Information Commissioner’s Office to mark European Data Protection Day, and it revealed that almost a third of those people would stop using a company’s services within days of hearing about a data breach.
Simple. Hackers are financially motivated. There is a correlation between the value of cryptocurrencies and the increase in ransomware attacks. Hackers proactively target small to medium-sized businesses, and their current focus is hijacking computer networks to mine cryptocurrencies such as bitcoin. As the value of cryptocurrencies falls, this activity is no longer a worthwhile endeavour for malicious groups. Their efforts will change to extorting money from businesses like yours by encrypting all your data.
Our solution has three simple principles:
Attacks target known vulnerabilities on operating systems or applications. Having a robust patching system is a must in today’s threat landscape. Patch management alone would have prevented several major ransomware attacks like WannaCry and Petya.
Passwords are no longer enough. Two-factor authentication for account protection, and robust device encryption to prevent unauthorised access to intellectual property, we provide our clients with a firm defence policy against data theft and downtime.
Detecting threats includes many of the tools and techniques thought of as traditional security mechanisms—like antivirus, web and email protection. Attacks usually start with a phishing email. Email is still the most used attack vector for malware and ransomware. A staggering 97% of phishing emails contain ransomware.
Ensure your team is protected by using advanced phishing protection that learns your business’s unique communication patterns to detect personalised fraud in real-time to protect against business email compromise and account takeover.
Any defence strategy requires the ability to recover after a disaster quickly. Protect and detect can prevent the majority of attacks, but they’re not invulnerable. Ultimately there are two ways to deal with a ransomware attack should hackers strike.
In short, the only way to truly protect against an attack is to have the ability to turn the clock back and restore systems quickly to before they were infected. High-frequency backups, coupled with regular automated disaster recovery testing is the only practical method to protect your data.
We know you take this seriously because you’re reading this. If you’re concerned that your protection may not be up to scratch, then you’re in the right place. We can provide a full suite of security services including identity, access, vulnerability and behavioural analytics that ensure maximum protection around-the-clock.
By using the Intalex Managed Security Service, you can accelerate your security strategy and benefit from the numerous advantages of having a fully managed service, including
“Having Intalex take care of our security using their Protect, Detect and Recover approach gives us peace of mind. Having been struck by ransomware in the past, we are now confident that should it happen again, we are well protected. Regular automated testing and reporting on the recoverability of our systems helps us sleep at night and focus on our business knowing that Intalex has us covered”
John MacDonald Brown, CEO Syzygy Consulting
Intalex, a finalist for CRN cloud service provider of the year 2018, provide a free implementation service, 24/7 support, financially backed SLA’s delivered at a fixed monthly cost. Why not make Intalex your trusted security partner?
Contact us for more information.