Larger Companies Data at Stake because of Ransomware
There was a time, where we get pretty frightened about viruses, Spyware and Adwares (well, we still are). But there’s actually a much more scarier version. And by now, every single one of you know it and it’s called Ransomware. And huge companies are prone to such attacks and it’s also a challenge to stay safe from these attacks as it’s growing pretty fast.
And according to Trend Micro, a global leader in security software, ransomware is still a strong threat as it still continues to attack not just individuals like us and small organizations but also businesses on the enterprise level is much more prone to such attacks. And with the access to state of the art technologies and techniques, these cybercriminals can establish a malware and infect systems within a matter of seconds.
Mr. Dhanya Thakkar, Vice President of APAC & MMEA for Trend Micro Inc said;
“To be one step ahead, organisations need to anticipate the shifts in IT infrastructure, embrace changes in user behaviour and adapt protection for new and constantly-emerging threats. Whether organisations are deploying workloads in the physical, virtual, cloud or hybrid environments, investments for security capabilities need to be comprehensive. They should also look at more holistic approaches, rather than rely on narrower security protection methods.”
The aim of ransomware has been pretty much the same but the method how they exploit into a system is changing due to improved detection solutions. Interestingly, the “Targeted victims” have also shifted as cybercriminals because of the bigger pay outs that larger organisations are willing to give to get their data.
If you followed the news carefully, ransomware has “evolved” in a way that when some one gets attacked (which happens through various infection channels known as ransomware families), they’re categorized as cryptoransomware. Just like the name suggests, it encrypts the data on the infected system and the users are forced to pay the ransom to get a decryption key, which will give you access to your data.
Malaysia is one of the growing countries in terms of digital economy and connectivity. Which means Malaysia is now in the big leagues with Ransomware. It’s much more susceptible to Cybercrimes. According to a report by CyberSecurity Malaysia, the trend on cyber attacks are increasing every single year because of fraud, cyber harassment and DDoS attacks.
“With nearly 88% of today’s malware able to morph to avoid detection by signature-based antivirus solution, it is crucial to adopt a holistic approach to identify potential threats.”
Organizations need to step up their security by using multi-layered and multi-technique approach to protect from these deadliest attacks. And Trend Micro’s latest offering, XGen Security is an unique blend of cross-generational threat defence techniques that is continuously evolving and optimized for each layer of security to protect against full range of known and unknown threats.
