Ransomware attacks are becoming a major concern for organizations worldwide, with the number of attacks increasing by 400% since the start of the pandemic. The attackers lock users out of their own devices and data and demand payment to regain access. This type of attack is particularly devastating, as the victims have no other options but to pay the ransom or lose access to their data permanently. The cost of a ransomware attack is not just limited to paying the ransom but also includes recovery costs. In this blog, you will learn why your company needs both human expertise and technology to combat the growing ransomware threat.

Growing Cybersecurity Threats

Ransomware attacks are growing due to the increasing number of vulnerabilities in the software and networked devices used by companies and individuals. The easy-to-use malware provided by hackers, who take a percentage of the profit, is making ransomware a lucrative and effective attack vector. The shortage of qualified cybersecurity experts and the high cost of retaining their services make it difficult for companies to keep up with these evolving threats.

Human Defenders

Cyberattacks are initiated by human attackers, and it takes human expertise to respond to them. While technology is essential in the fight against ransomware, it can also present new challenges, such as difficulty in deployment, configuration, and maintenance. Trained security analysts have the advantage of being able to detect malicious code, understand the context of alerts, and respond effectively. As the cybersecurity threat landscape continues to expand, it is crucial to provide the necessary resources, including people, processes, and technology, to maximize your cybersecurity budget and reduce the risk of a successful attack.

One of the most effective ways to prevent ransomware attacks is to educate employees about cybersecurity best practices. This includes training them on how to recognize phishing emails, avoid downloading suspicious attachments, and keep software and security systems up-to-date.

Another critical aspect of human defense is to have a clear and well-communicated incident response plan in place. This should outline the steps that employees should take if they suspect an attack, who they should report it to, and how the organization will respond.

Technology

In addition to human defenders, technology is an essential tool in the fight against ransomware. The first line of defense is to have a robust backup and recovery plan in place. Regular backups of important data should be taken and stored in a secure location, so that the organization can quickly restore the data if it becomes encrypted in a ransomware attack.

Next, organizations should implement advanced threat protection solutions, such as endpoint protection, firewalls, and intrusion detection systems. These tools can detect and block malicious activities before they have a chance to spread.

Finally, organizations should invest in encryption technology to protect sensitive data. Encryption will prevent attackers from accessing the data even if they manage to compromise the system.

Conclusion

A solid combination of human expertise and technology is critical in defending against the growing threat of ransomware attacks. Companies need to invest in both to protect themselves from the financial and operational impact of a successful attack. By educating employees, having a clear incident response plan, and implementing the right technology, organizations can reduce their risk of a successful ransomware attack.

– – – 

Daakyi is the premier cybersecurity consulting firm that helps organizations enhance their online security and protect against cyber attacks. With a team of experts in the field, Daakyi provides comprehensive cybersecurity solutions tailored to meet the specific needs of your business. From vulnerability assessments to incident response planning, Daakyi offers a full range of services to ensure that your organization is secure. Don’t take chances with your online security, hire Daakyi as your trusted cybersecurity provider today.