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Protecting Endpoint Data from Ransomware

July 13, 2020 • by Tom Ricoy
Protecting Endpoint Data from Ransomware

Successful ransomware attacks have increased at an alarming rate and is the top concern for many IT professionals.

Despite over $30B in endpoint security spend alone, we are struggling to prevent ransomware attacks. IT leaders attempt to thwart them in part by installing multiple solutions with an average of 8-12 agents per endpoint (with larger organizations having as many as 20). This has a significant impact on device performance and user experience and makes it difficult to manage PCs.

Ransomware attacks have evolved from simple scattergun encrypt-and-demand to very targeted, comprehensive, and sophisticated attacks that are intended to obtain the most critical data assets of an organization. Adversaries threaten to and often auction data on the dark web, causing enormous risk to brand reputation, fines, etc. They also disrupt production, health care services, research, etc.

And there are no guarantees the adversary who stole the data deleted it after being paid to get it back. They could continue to blackmail organizations for years.

Ransomware has so crippled many small companies they have gone out of business.

It is being used at scale by nation states to fund their cyber warfare programs to the tune of billions of dollars. And criminal organizations, activists, over 100 nation states, and pretty much everyone is using ransomware now.

It’s time we put an end to this.

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