Most organizations will be aware of ransomware – the increasingly common practice whereby an attacker uses malware to prevent users from accessing their systems or by locking users’ files until a ransom is paid.
If you haven’t yet been a victim of ransomware, chances are you soon will. With talk now of the ‘ransomware business model’, recent research across the US, UK, Germany and France highlights that ransomware attacks are on the rise, with 48% of businesses seeing attacks in 2016¹. More than ten million ransomware-related cyber threats in Asia Pacific were detected and blocked from January to May 2016 by just one security company². This paper looks at the rise of ransomware attacks; the evolution of ransomware; the cost to business; the evolution of attack methods; and the steps that NTT Security recommends that organizations must take to mitigate the risk of attack.
Complete the form to read our paper on the cost to business of ransomware and the steps NTT Security recommends that organisations take to mitigate the risk of attack.