Ransomware is a threat that puts serious risk in today’s world. However, to combat it, companies, and organizations need to invest in cyber security infrastructure. A recent report found that 65% of organizations that fell victim to ransomware had up-to-date cybersecurity software. This indicates that there is a need to rethink and improve the approach to cybersecurity.
Researchers and security experts recommend a layered approach to cybersecurity against ransomware attacks. This includes using security detection and response tools, regular data backups, and employee training on how to identify and prevent phishing emails.
The ransomware figures for 2020 have shown a decrease in the number of reported incidents compared to 2019. Nevertheless, the attacks that occurred were much more aggressive and targeted at larger enterprises. For example, the Sodinokibi ransomware attack on Travelex caused significant damage in 2020.
Companies must not neglect the potential threat that ransomware poses. They need to implement the necessary precautions, invest in cybersecurity software, create an incident response plan, and train employees to be aware of these threats. This will help provide a safer and more secure future for businesses and individuals alike.
