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4 Steps to Ransomware Resiliency with Veritas and NetX

Unfortunately, malware infiltration and ransomware attacks are on the rise, and there is no indication that the threat is diminishing.

So what is ransomware again? According to the Cybersecurity and Infrastructure Security Agency CISA “Ransomware is a form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransom in exchange for decryption.” ( https://www.cisa.gov/stopransomware/ransomeware-101 )

Verizon’s 2022 Data Breach Investigations Report (DBIR) which “provides a place for security practitioners to look for data-driven, real-world views on what commonly befalls companies concerning cybercrime”, reveals that this year, ransomware attacks have continued in an upward trend with an almost 13% increase for a total of 25% of breaches, which is a rise as big as the past five years combined. ( Report:  https://www.verizon.com/business/resources/reports/2022/dbir/2022-data-breach-investigations-report-dbir.pdf )

It is often the misconception that attackers only go after the large enterprise customers, or only interested in financial institutions however all industry verticals and sizes are targets. When looking at a very small business (10 or fewer employees), Ransomware is the number 1 attack type. While attacks against larger organizations are motivated by financial and espionage goals. A small percentage of these attacks against larger businesses are motivated by grudges and ideology.

See the following table for stats from the report based on 11 of the North American Industry Classification System (NAICS) industry titles. ( https://www.naics.com/search ) 

Industry Incidents
Accommodation and Food Service156
Art, Entertainment and Recreation215
Education Services1,241
Financial and insurance2,527
Healthcare849
Information2,561
Manufacturing 2,337
Mining, Quarrying, and Oil & Gas Extraction + Utilities403
Professional, Scientific and Technical Services3,566
Public Administration2,792
Retail629

Verizon’s 2022 Breach report recommends Data Protection as one of the top controls to help protect your organization against ransomware.

Are you confident in your ability to ensure your applications and IT services are highly available and recoverable in the event of a ransomware attack?

Take a moment to watch the following 4-minute video for tips on protecting your organization’s data against ransomware.