Embracing a Proactive Security Approach is Essential for Businesses to Combat Ransomware Threats

Embracing a Proactive Security Approach is Essential for Businesses to Combat Ransomware Threats

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In 2023, ransomware ⁤payments reached​ a record high​ of‍ $1.1 billion, making it​ a highly profitable year for cyber attackers. Data breaches also increased during this⁣ time, indicating a concerning​ trend. As businesses continue to embrace digital transformation, EverSec Group, a‍ cybersecurity ​innovation ‌firm, advises CISOs and other stakeholders⁢ to consider ‍new approaches and an offensive security‍ mindset to‌ protect themselves from cybercriminals.

Ransomware attacks are ‍a serious‌ and widespread threat⁣ that many⁤ businesses underestimate. Hackers ‌breach a company’s infrastructure, encrypt data, and demand ‍payment ​for a decryption key. They⁢ may also threaten to disclose confidential information​ if⁢ the ransom is not paid. With⁤ the ‍rise in ransomware gangs, these attacks ⁢are‌ becoming more​ dangerous, ⁤particularly targeting high-profile victims⁢ and critical ‍infrastructure businesses.

Statistics show that ⁢70% of all cyberattacks involve ransomware, ‍and 85% of ⁣organizations⁤ have​ experienced at least one‍ attack in the last‍ year. In ​84% of ransomware attacks,‌ cybercriminals practice ‌data exfiltration, which involves the unauthorized removal of data​ from a company’s database.

EverSec Group, a ​cybersecurity consulting firm, offers advanced solutions to‌ help organizations navigate the evolving cybersecurity landscape. The company⁤ advocates for a multi-layered approach to cybersecurity⁢ and promotes⁤ an offensive security methodology to develop resilient infrastructure and defense mechanisms.

According to Managing⁢ Partner Tim McSherry, EverSec Group aims to ‌identify⁣ blind spots in organizations’ cybersecurity defenses and provide‌ expertise⁢ on developing‌ a resilient cybersecurity ecosystem. The firm recommends creating multidisciplinary cybersecurity protocols⁤ and ‌leveraging bespoke tooling​ to build a successful information security program.

As ransomware⁤ attacks continue⁣ to pose a ‌significant threat to businesses, EverSec Group encourages ⁣organizations to adopt an⁤ offensive⁣ security mindset and explore next-generation cybersecurity solutions to stay ​ahead of cyber threats.

2024-04-07⁣ 09:00:03
Source from www.ibtimes.com

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