
Ransomware Alert for Organizations: Here and Now
The world is on a level where digitization has swept across the interconnected network. Business, markets, and services run alongside the main matrix of computation of data and information. Consequently, information about a company or organization is a crucial asset in the era of information technology.
The information cosmos is sophisticated and important beyond measure and therefore, it is imperative to protect information with the right cybersecurity measures. Cybercriminals are well aware of the importance of data to the organizations. In order to mitigate cyber threats and intrusion, Cybersecurity keeps a check against attempts made on stealing or exploiting data and information.
When talking about sophisticated cyber threats, the ransomware infestation is something that has been threatening the cyber world of information resources for over a year now. WannaCry and Petya have been the major malware deployed in cyber attacks, which infect the main data reserves of an organization and encrypts every file into a compressed pack which only the attackers can crack. From a remote location and anonymity, the organization’s all-valuables are in control of mere cybercriminals. The criminals hold it for ransom against a huge amount.
During the time ransomware started attacking the datacenters, people were not prepared. It was a new type of hackware that was immune to the latest patches and security measures. Nevertheless, almost every organization have, at present, reported that their systems are up-to-date and ready to confront any such attacks.
The lack of a specially implemented anti-ransomware was one of the key problems, reports a survey. This was the cause of attacks that occurred twice on an average on the companies and service grounds. A first attack should have been enough for all the organizations to team up and put up a ransomware firewall in place. But they slumped up from the alert and were attacked again. Over $133,000 were spent by the companies to meet the ransom and repairing the disintegrated systems, which incurred a huge loss to the economic status of the organizations at the very operational stages.
However currently, almost half of the companies situated globally have successfully held up a structure and are keeping a check on cybersecurity solutions to avoid another attack and the software development companies, including the all essential Windows, have rolled out patches for future attacks. Most importantly, organizations are staying alert to protect their infrastructure and data from the ever-changing ransomware and hackware.
Featured Vendors
THETA432: Performance, Precision, Efficiency, Visibility - The Key to Incident Response and Answer to the Talent Shortage
EveryCloud Technologies: Delivering Powerful Email Filtering Services" title="Graham O'Reilly, CEO & Co-Founder" style="float:left; margin-right:10px; margin-bottom:20px;" width="60px" height="50px">
EveryCloud Technologies: Delivering Powerful Email Filtering Services
Onepath: A Responsive Info-Security Management Framework – the easier way to dramatically improve your overall info-security posture
Covenant Security Solutions, Inc.: Revolutionary Solutions to Mitigate Security and Compliance Risks
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance
Read Also
Major Trends Shaping Fintech Revolution
BANKEX: Secured Blockchain-based Tokenization
Importance of Artificial Intelligence Drones
