71% of Organizations Have Fallen Victim to Ransomware, Should Your Organization Be Concerned?

In an era where digital threats loom large, a startling 71% of organizations have found themselves besieged by ransomware, with the financial fallout averaging a hefty $4.35 million per breach.
Ransomware isn't just a low-risk intrusion into your systems; it's a predator holding vital data hostage and demanding a ransom for its release.
The dreaded ripple effect of a ransomware incursion can echo through every corridor of an organization, leaving a trail of operational and strategic chaos in its wake.
This includes deploying advanced technology and cultivating a cyber security-aware culture, aimed at thwarting and neutralizing ransomware tactics.
In the digital battleground against ransomware, Check Point emerges as a vanguard, offering a range of solutions designed to shield every corner of your organization.
Picture a security system engineered to anticipate, adapt, and annihilate ransomware threats.
Check Point's Harmony Endpoint deploys runtime protection, standing guard against ransomware attacks even in offline mode.
Its Behavioral Guard is designed to effectively detect, block, and remediate any ransomware activity.
In the event of an anomaly, Harmony Endpoint quickly identifies and neutralizes the threat, ensuring system integrity and preventing potential damage.
Harmony Mobile steps in as a shield, blocking malicious downloads and scanning for lurking threats in mobile apps.
This barrier extends across productivity apps like Teams, SharePoint, and OneDrive, ensuring that ransomware can't leapfrog across your organization.
Quantum Security Gateways act as a comprehensive defense against external cyber threats.
These gateways are not limited to reactive measures; they proactively use advanced AI to identify and halt zero-day threats and phishing attempts.
The battle against ransomware isn't just about deploying the right tools; it's also about cultivating the right habits.
Train your workforce in cyber security basics, including phishing recognition and password security.
To ensure your team remains alert and prepared, it's vital to keep them updated with the latest developments in cyber security threats.
Employ sophisticated antivirus and antimalware programs like the Check Point suite to ensure ongoing, real-time surveillance and detection of potential threats.
Keep these solutions updated to tackle new ransomware and cyber security threats.
As ransomware evolves into more sophisticated forms, protecting your organization is not just a necessity, it's a responsibility.
It's an invaluable resource for CISOs and security teams committed to staying ahead of cyber threats.


This Cyber News was published on blog.checkpoint.com. Publication date: Mon, 18 Dec 2023 14:28:05 +0000


Cyber News related to 71% of Organizations Have Fallen Victim to Ransomware, Should Your Organization Be Concerned?

A Cybersecurity Risk Assessment Guide for Leaders - Now more than ever, keeping your cyber risk in check is crucial. In the first half of 2022's Cyber Risk Index, 85% of the survey's 4,100 global respondents said it's somewhat to very likely they will experience a cyber attack in the next 12 months. ...
1 year ago Trendmicro.com
Hive Ransomware: A Detailed Analysis - This past week, on January 26th, to be exact, the FBI successfully shut down the Hive ransomware group and saved victims over a hundred million dollars in ransom payments and remediation costs. As ransomware continues to be a national security threat ...
1 year ago Heimdalsecurity.com
71% of Organizations Have Fallen Victim to Ransomware, Should Your Organization Be Concerned? - In an era where digital threats loom large, a startling 71% of organizations have found themselves besieged by ransomware, with the financial fallout averaging a hefty $4.35 million per breach. Ransomware isn't just a low-risk intrusion into your ...
6 months ago Blog.checkpoint.com
Best Ransomware Protection Practices for Midsize Organizations - Ransomware Protection has emerged as a crucial step in cybersecurity since ransomware attacks have become a major threat to businesses of all sizes, including midsize organizations. Ransomware attacks can be delivered via email attachments or links, ...
6 months ago Securityboulevard.com
The year of Mega Ransomware attacks with unprecedented impact on global organizations - A Staggering 1 in every 10 organizations worldwide hit by attempted Ransomware attacks in 2023, surging 33% from previous year, when 1 in every 13 organisations received ransomware attacks Throughout 2023, organizations around the world have each ...
5 months ago Blog.checkpoint.com
Medusa Ransomware Turning Your Files into Stone - Unit 42 Threat Intelligence analysts have noticed an escalation in Medusa ransomware activities and a shift in tactics toward extortion, characterized by the introduction in early 2023 of their dedicated leak site called the Medusa Blog. The Unit 42 ...
5 months ago Unit42.paloaltonetworks.com
Ransomware Roundup - The Ransomware Roundup report aims to provide readers with brief insights into the evolving ransomware landscape and the Fortinet solutions that protect against those variants. This edition of the Ransomware Roundup covers the 8base ransomware. 8base ...
6 months ago Feeds.fortinet.com
Understand Ransomware Payouts and How to Prevent Them - Ransomware payouts are a concerning reality that all organizations must consider when protecting their data and digital assets. Ransomware is a type of malicious software, or malware, designed to encrypt a victim's data and hold it for ransom until ...
1 year ago Heimdalsecurity.com
Optimizing Cybersecurity: How Hackers Use Golang Source Code Interpreter to Evade Detection - Hackers have been upping the stakes when it comes to executing cyberattacks, and an increasingly popular tool in their arsenal is the Golang source code interpreter. Reportedly, the interpreter is used to obfuscate code, thus making it harder for ...
1 year ago Bleepingcomputer.com
How ransomware gangs are engaging - As ransomware gangs continue to market themselves as legitimate businesses complete with customer service representatives, new research from Sophos showed that threat actors are expanding public relations efforts to further pressure victims into ...
6 months ago Techtarget.com
Ransomware's Impact May Include Heart Attacks, Strokes & PTSD - First-order harms: Direct targets of ransomware attacks. The increasing convergence of IT and OT leave physical infrastructures more vulnerable to ransomware, even though most ransomware operators lack the capability to directly compromise OT or ...
5 months ago Techrepublic.com
The Top 10 Ransomware Groups of 2023 - This article takes an in-depth look at the rise in ransomware attacks over the past year and the criminal groups driving the surge in cyber extortion. LockBit has established itself as one of the most notorious ransomware operations since emerging on ...
5 months ago Securityboulevard.com
How to Temporarily Deactivate Instagram? - Instagram is an amazing social platform where you can stay in touch with your friends and influencers, but sometimes it can be too much. If Instagram has become too distracting or overwhelming for you to use effectively-whether for mental peace, ...
6 months ago Hackercombat.com
Ransomware Roundup - On a bi-weekly basis, FortiGuard Labs gathers data on ransomware variants of interest that have been gaining traction within our datasets and the OSINT community. The Ransomware Roundup report aims to provide readers with brief insights into the ...
3 months ago Feeds.fortinet.com
Ransomware trends and recovery strategies companies should know - Ransomware attacks can have severe consequences, causing financial losses, reputational damage, and operational disruptions. The methods used to deliver ransomware vary, including phishing emails, malicious websites, and exploiting vulnerabilities in ...
6 months ago Helpnetsecurity.com
How to Protect Your Business from Ransomware Attacks – Insights from a KFC & Pizza Hut Attack in the UK - This summer, ransomware attackers successfully hacked into the computer systems of KFC and Pizza hut stores in the UK. ...
1 year ago Bitdefender.com
Ransomware Roundup - On a bi-weekly basis, FortiGuard Labs gathers data on ransomware variants of interest that have been gaining traction within our datasets and the OSINT community. The Ransomware Roundup report aims to provide readers with brief insights into the ...
5 months ago Feeds.fortinet.com
Defend Your Business: Testing Your Security Against QakBot and Black Basta Ransomware - Advertising presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type or which content you are interacting with. Information about your activity on this ...
1 month ago Securityboulevard.com
A Guide to Guarding Against Ransomware Attacks in 2024 - In the ever-evolving landscape of cybersecurity, the threat of ransomware looms large. As we step into 2024, the sophistication and frequency of ransomware attacks continue to rise, making it imperative for individuals and organizations to adopt ...
5 months ago Cybersecurity-insiders.com
Ransomware in 2023 recap: 5 key takeaways - This provides the best overall picture of ransomware activity, but the true number of attacks is far higher. While some ransomware trends hardly changed over the last year, such as LockBit's continued dominance, ransomware criminals also challenged ...
4 months ago Malwarebytes.com
Control D Launches Control D for Organizations: Democratizing Cybersecurity for Organizations of All Sizes - Advertising presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type or which content you are interacting with. Information about your activity on this ...
5 months ago Cybersecuritynews.com
HC3 Unveils Qilin Ransomware Attacking Global Healthcare Organizations - Advertising presented to you on this service can be based on limited data, such as the website or app you are using, your non-precise location, your device type or which content you are interacting with. Information about your activity on this ...
1 week ago Cybersecuritynews.com
Spider-Man 2 Developer Insomniac Games Hit by Rhysida Ransomware - Cookies, device or similar online identifiers together with other information can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here. Advertising ...
6 months ago Hackread.com
China Arrests 4 Who Weaponized ChatGPT for Ransomware Attacks - Cookies, device or similar online identifiers together with other information can be stored or read on your device to recognise it each time it connects to an app or to a website, for one or several of the purposes presented here. Advertising ...
6 months ago Hackread.com
The Evolution of Ransomware 4 Types of Cyber Threats in 2023 - Security professionals and CISOs have been protecting their organizations from ransomware for a long time, adapting to changes in technology to protect against the risks of stolen data or disruptions to important systems. Cybercriminals are always ...
1 year ago Trendmicro.com

Latest Cyber News


Cyber Trends (last 7 days)


Trending Cyber News (last 7 days)