The importance of data monitoring and Zero Trust in battling ransomware
May 13, 2021 Leave a comment
By Derek Giarratana, supplier manager
Ransomware is real and security threats continue to evolve, with new ones emerging daily. At times, organizations can feel that they won’t fall victim to ransomware, but now is not the time to ignore the facts. In 2019, it was reported that ransomware attacks were up by 41 percent, and in 2020 with the pandemic at the forefront, it was predicted that an attack occurred every 11 seconds.
In addition to the sheer volume of attacks, today’s ransomware and malware are also gaining in sophistication. Using random extensions and file names, the latest threats are making detection using blocked list solutions difficult and, in many cases, completely ineffective.
Every time an attack occurs, it takes significant time and money to remediate. Recovery time takes, on average, at least 16 days, and 67% of organizations that have been hit by an attack have lost all or part of their data. This is particularly problematic for public sector organizations that are faced with strict compliance requirements such as HIPPA, GDPR, CIPA, and CJIS.
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