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Home » The Ransomware Epidemic: How to Prep for a Shakedown

The Ransomware Epidemic: How to Prep for a Shakedown

May 31, 2017
Computerworld

Know your enemy: Understanding what to prepare for
While ransomware isn't new, this once-simple criminal hacker tactic has morphed into a devastatingly effective weapon wielded by more advanced cyber-criminals - as seen with the recent WannaCry outbreak. These sophisticated attackers are highly motivated by the profitable nature of their efforts. Dan Larson, technical director at CrowdStrike, looks at the current state of ransomware, why organizations should take threats seriously and how to build a strong defense.

What's at stake: Compliance and reputation
Businesses now retain sensitive information that they are required by law to protect. If an organization falls victim to a ransomware attack that lets sensitive data be stolen, they must inform customers and partners. Not only can that mean substantial fines if regulations are compromised, but customer trust is compromised. Costs can be significant. In addition to harming a company's reputation, customer information is gone, intellectual property stolen, and the time needed to clean up the aftermath adds up.

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Technology Data Management Global Supply Chain Management SC Security & Risk Mgmt Regulation & Compliance Food & Beverage High-Tech/Electronics
KEYWORDS Big Data/IOT Food and Beverage Global Supply Chain Management High-Tech/Electronics Regulation & Compliance SC Security & Risk Mgmt Technology
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