Six steps to stopping ransomware damage
October 19, 2021
While ransomware has been on the radar of cybersecurity teams for quite some time, activity increased sevenfold just in the second half of 2020.1 One reason for this jump is the rapid growth of the Ransomware-as-a-Service (RaaS) industry. RaaS continues to make it easier for pretty much any bad actor to mount targeted ransomware attacks, even if they do not have the skills to develop and launch them on their own. The combination of low risk, low barrier to entry, and high profits means ransomware will continue to be a favourite attack of hackers. More cybercriminals will launch more attacks, more often. But even with ransomware’s increasing sophistication and volume, it is possible to avoid being a victim. When an organization is in the midst of a ransomware attack, it’s too late to put the processes and technology in place to stop the damage. Planning and preparation before it occurs are critical.