How to Protect Your Organization from Ransomware

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The Target

As ransomware continues to evolve, so do its targets. Nearly 60 percent of businesses hit by ransomware had more than 100 employees, and 25 percent were enterprises with more than 1,000 employees. What's more, the virus was observed propagating rapidly within corporate networks: 86 percent of outbreaks affected two or more employees, and 47 percent spread to more than 20 people. While targeting larger businesses results in a bigger payout, every individual and company needs to be on alert – with ransomware, any type of data is vulnerable to being held for ransom. The following slides highlight five steps organizations can take to prep themselves against this pervasive threat.

Ransomware is taking organizations of all sizes by storm with a keen eye on the health care sector, as made evident by recent outbreaks in the Hollywood Presbyterian Medical Center in Los Angeles, and more recently the Methodist Hospital in Henderson, Kentucky. Although the ransom can be costly, the reality is that the downtime inflicted by ransomware can be even more damaging to businesses.

A recent report commissioned by Intermedia found that 72 percent of employees were unable to access their files for at least two days, and 32 percent were locked out for five days or more. Richard Walters, SVP of Security Products at Intermedia, believes that companies need to take this emerging threat more seriously, and can start to do so by taking the necessary steps to minimize the damages.

 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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