The Pain of Ransomware Hangovers / The long-lasting effects of a ransomware attack

    Ransomware attacks are now a very common occurrence in the headlines. This year alone, many companies across various sectors have experienced encrypted data loss and downtime as well as public relations disasters due to these cyberattacks on their systems that seek payment through ransomware.

    It is alarming to see the number of ransomware attacks increasing. It seems that cyber security has been a major concern in recent years, but looking further helps illustrate its true scale when incidents like those at Colonial Pipelines are just one out many examples of how severe this problem can be for businesses and people alike all around the world. 

    In the wake of a ransomware attack, it is easy to forget that an organisation’s systems and data can still be compromised even after paying off attackers. This year alone we saw aluminium producer Norsk Hydro pay tens of millions in order to get back on track after an attack. A lot gets said about cyberattacks during coverage but little consideration goes towards what happens next — how do companies recover? When organisations refuse or are unable (for whatever reason) to respond to these criminals’ requests for payment, what happens next?

    The average ransomware attack is over more quickly, but few organisations can absorb that amount of disruption and cost. It’s even worse for those who decide to pay up–as reported in Forbes earlier this year; “even if a payment was forthcoming 92% don’t get all their data back.”

    Relying on antivirus and sandboxing technologies can be effective up to a point, but the problem is that nearly 70% of malware found embedded within files is unknown when received by an organisation. In effect, this means organisations are unprotected against any unseen cyberattacks which could lead them towards catastrophe.

    With new malware variants appearing every few seconds, the speed of identity is imperative. Antivirus and sandboxing solutions can take days or even weeks before they are updated to protect your files and documents from being infected with malicious code that may sit on a network infrastructure undetected for up 30 days before reactive protection responds appropriately.

    Instead, Content Disarm and Reconstruction (CDR) delivers a proactive cybersecurity protection system that doesn’t wait for you to be hacked. Glasswall’s CDR platform instantly cleans files so organizations can have faith in every document they use because it removes any potential threats without requiring multiple antivirus scanning or sandboxing – according to Gartner “the solution neutralizes all malicious content”.

    For a more thorough understanding of how Glasswall CDR can help protect against file-based attacks, click here

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