Ransomware is an attack on your data. Can you say that your approach to preventing ransomware is focused on data? Organizations are becoming more aware of the chaos that ransomware can create — to the tune of $4.62 million in escalation, notification, lost business and response costs, according to the 2021 Cost of a Data Breach Report. To combat ransomware, data protection solutions need to play a role in your overall data security and cybersecurity strategy.
How Does Ransomware Work?
Ransomware is a type of malware, a general term for intrusive software that is designed to exploit vulnerabilities to damage computer systems. Attackers use ransomware to encrypt sensitive data belonging to a person or an organization. Once they encrypt the data, they demand a ransom in exchange for the decryption key. The victim then uses the key to regain access to the encrypted data.
Ransomware gains access to sensitive data most commonly through phishing schemes or phishing emails. The reader mistakes email attachments for trusted files. Once they open the files, the ransomware takes over the computer system and can gain access to admin privileges. At this point, the ransomware will encrypt some, if not all, of the user’s files. Next, it sends a message to the user demanding a ransom.
Forrester’s Data Security and Control Framework
Careful data security measures can go a long way in helping you to prevent or stop ransomware in its tracks. Forrester suggests a strategic, data-centric approach to securing data. Their framework breaks down the challenge of controlling and secu ..
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