Ransomware attacks have surged in the past year–and with the rise of ransomware-as-a-service, it’s become an increasingly profitable tactic for cyber criminals.
According to Cybersecurity Ventures, in 2021 global losses from ransomware attacks are expected to exceed $20bn, and by 2031 that figure may be as high as $265bn. This follows recent high-profile attacks that led to Colonial Pipeline in the US paying over $4m in Bitcoin to the attackers and Travelex paying $2.3m to regain control after hackers shut down its financial transaction networks.
Such is the severity of the situation that 60% of respondents to a recent Menlo poll think ransomware attacks should be treated the same as terrorist attacks. But it is quite possible to make malware, even ransomware attacks, a distant memory. To do so, organizations should discard outdated detect-and-remediate approaches and rethink how they protect users, applications, data and the business from these attacks from the outset.
Join this 1-hour webinar to learn:
- How phishing and ransomware attack trends have changed as a result of COVID-19
- Ways you can eliminate ransomware and protect your digital and remote workforce
- How a leading logistics and insurance business achieves 100% malware protection without impacting end-user experience or convenience