Ransomware, by now, has become as common a term, in the cyber security eco-system. With multiple massive ransomware attacks across the globe in recent times, almost everyone, including individual customers and organizations, have become aware of the threat that ransomware poses. However, the world is still far from being ready to fight this menace.
Understanding ransomware and how it can debilitate your business?
Ransomware is a malware that locks important files, programs and documents of a user and demands ransom to unlock the same. The most common variant of ransomware is the crypto-ransomware, which has seen an exponential rise in recent times, all thanks to the invention of crypto currency. With the introduction of Bitcoin in 2009, the cyber criminals have found the perfect way to make money without being caught. This has led to a steep rise in the ransomware attacks across the globe. Launching a ransomware attack on critical services that impact life, larger corporations and highly vulnerable systems, increases the chances of cyber criminals forcing enterprises to pay ransom to retrieve their systems and all necessary information. However, the horrific part of the story is that often, the data is never retrieved even after paying the ransom. The intent of those cyber criminals is only to make money. Once they get that from you, they don’t mind leaving you or your organization in the middle of nowhere.
The impact of ransomware on enterprises may vary based on severity of the attack. However, the most common ways in which a single attack impacts an organization include downtime and productivity loss, loss of critical information like customer info or IPR, loss of revenue due to downtime and maintenance, extremely high costs and timelines of recovery and a dent in the company’s reputation in the market and its customer’s mind space. A research by IDG has shown that about half of all the affected enterprises take a few days to recover from an attack, while 29% may take several weeks to do the same.
Protection against ransomware: Why choosing Seqrite EPS is the right answer.
Ransomware may enter your network or systems via multiple channels or sources but the impact may still be the same: devastating your business! Thus, it is important to ensure that best practices are adopted to protect against ransomware threat. While regular data backups and software updates remain the top preventive measures for ransomware protection, investing in top-end security products is equally important for organizations irrespective of their size and nature of business.
Seqrite End Point Security is a comprehensive security solution for workstations, laptops and servers which integrates Anti Ransomware, Advanced DNA Scan, Behavioural Detection System, Advanced Device Control, DLP, Vulnerability Scan, Patch Management, Web Filtering and Asset Management under a single platform. It can tackle latest cyber threats with ease and a high success rate.
In October 2016, the Seqrite EPS enterprise suite won the AV Lab Award for real-time ransomware protection. In April 2017, the advanced version of the Seqrite End Point Solution, the EPS V7.2, once again made a mark by being certified BEST+++ by AVLab. For certification, the test, this year was run on 13 products for small and medium enterprises and 30 products for home users while the previous year, the Seqrite EPS won the award against 17 software applications for SMB’s. Seqrite EPS Enterprise Suite edition was 100% effective in detecting and blocking malicious files of crypto-ransomware thus earning the AVLab Best+++ award. It received a total rating of 17.5 out of 18 in the evaluation with a perfect 6 on 6 score for speed and usability and 5.5 on 6 for protection.
What makes Seqrite EPS the best choice for ransomware protection is that it uses behaviour based detection technology to detect and block a ransomware threat. An additional layer of protection is provided by the data backup feature of the product which backs up your data into secured location to help you recover files in case of a ransomware attack. The multi layered protection against advanced threats at different levels of your system, make it the best choice for overall cyber security of any organization.