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Ransomware attacks seriously threaten CISOs, causing significant disruptions and financial losses. The staggering statistics highlight the critical need for proactive measures, such as maintaining offline, tested backups and involving governing bodies in preparedness exercises. Despite the high incidence and substantial ransom payments, the risk of incomplete recovery and potential legal repercussions remain pressing. #CISOChallenges #RansomwareThreat #CyberSecurity #DataProtection #RiskManagement #AegerGroup

CISOs are liable to ransomware attacks. CISOs are highly vulnerable to ransomware attacks—a staggering 90% reported at least one disruptive attack in the past year. Top concerns include social engineering, OT/IoT, and ransomware, which are not only media highlights but also financially crippling. 96% of respondents experienced a ransomware attack, with 83% paying ransomware. Payments ranged from $25,000 to over $1 million. However, paying doesn't guarantee full recovery, and 69% of CISOs believe it exposes them to future legal issues. To mitigate risks, maintain offline, test backups, assign maintenance responsibility, and conduct board-level exercises. With 73% of governing bodies concerned about ransomware, regular updates and board exercises are essential for preparedness. Adding Value - Delivering Results – Trusted Advisor #CISO #Ransomware #CyberThreats #InfoSec #BoardPreparedness #AegerGroup

What the Latest Ransomware Attacks Teach About Defending Networks Ransomware continues to hit organizations in all sectors, and attacks regularly make media headlines because of their hard-hitting impact on affected parties. The earliest example of ransomware stretches back to 1989, but its success during the last decade saw it becoming arguably the most lucrative form of cyber attack. Most recently, Change Healthcare – the country’s largest healthcare payment processor – fell victim to a major ransomware attack. The effects of the attack are still coming to light, aside from the nearly 70,000 pharmacies directly impacted by the attack. Here’s a lowdown on some recent ransomware attacks, lessons worth learning from them, and tips to help limit ransomware risk. https://lnkd.in/gWpTTMpN

RANSOMWARE THREAT LANDSCAPE JAN-APR 2024: INSIGHTS AND CHALLENGES. Between Jan and Apr 2024, the global ransomware landscape witnessed significant activity, with 1420 ransomware claims reported worldwide. In the first four months of 2024, the global ransomware landscape witnessed significant activity, with 1420 ransomware claims reported worldwide, including 55 in Italy. These findings, sourced from the Ransomfeed platform, shed light on the geographical distribution of attacks and the most impacted sectors. The data reveals a concerning trend impacting worldwide citizens’ personal and sensitive information, based on Ransomfeed datasets. https://lnkd.in/gVkqFGGB

July is here, and so is Ransomware Awareness Month! 🛡️ But what is Ransomware? It's malicious software that holds your files or systems hostage. Cybercriminals use ransomware to encrypt your data, making it inaccessible until you pay a demanded fee. It can strike anyone, from individuals to large organisations, causing significant disruptions and financial loss. At Boo Consulting, we're dedicated to keeping you informed and protected. Follow us to learn more about Ransomware and tips on how to bolster your defences. 🔒 Let's stay vigilant and proactive against Ransomware attacks. Together, we can help keep your data secure. Get in touch to see how we can help secure your business. #ransomware #ransomwareawarenessmonth #dataprotection

In today's interconnected world, the threat of ransomware looms large, posing a significant risk to individuals and organisations alike. ⚠️ Ransomware is malicious software, designed with the intent to do harm to a computer, network or server. Generally, ransomware software is tailored to deny access to your device and its data, typically by encrypting your files. This blog post delves into the workings of ransomware, the impact a ransomware attack can have on your business and provides crucial insights on prevention and protection. ➡️ https://rb.gy/uwrxbu. #Blog

The rate of ransomware attacks has reached such disturbing levels that organizations can no longer afford to stay complacent. If you’d like to prepare for a ransomware attack or know the steps to take in the aftermath of one, read our ransomware statistics. #Cloudwards #RansomwareStats #CyberSecurityData 💰 🆘 ⚠️

Do you think your healthcare organization doesn't have to worry about ransomware? Think again. 91% of healthcare malware attacks now involve ransomware.  And so far this year, cybercriminals have compromised the medical data of 14 million US patients.  Learn why the healthcare industry is uniquely vulnerable to ransomware attacks — and what your organization can do to protect itself. Read more. https://lnkd.in/gc6P8qNj

Ransomware attacks continue to push their limits, becoming bolder and more sophisticated as payouts hit record-setting highs. The findings presented in this report underscore the need for organizations to prioritize protection against the relentless tide of ransomware. The insights and strategies in the report serve as a crucial guide for improving your ransomware defenses. - Ransomware attack statistics by industry, region, ransomware family, and more. - Unmasking the threat group behind a record-breaking ransom payout. - Top 5 ransomware families to watch in 2024-2025. - Ransomware predictions, including strategies and tactics for the coming year. - Best practices to safeguard your organization against ransomware threat. Get the report here: https://lnkd.in/diyWed7f

As businesses increasingly rely on digital technologies, the threat of ransomware attacks has become a major concern. It is mission-critical for businesses to have robust measures in place to protect against these attacks. Lumen offers a range of services designed to help businesses minimize their risk exposure to ransomware. From the Lumen Ransomware Assessment, which combines ongoing scanning and testing services with a dedicated consultant, to Lumen Data Protect, a fully managed data protection service with rapid deployment and flexible self-service storage options. Lumen Network Storage also provides immutable, point-in-time snapshots to enable recovery of data in the event of a Ransomware attack. These services provide peace of mind and help ensure that businesses can continue to operate smoothly, even in the face of a ransomware attack. Don’t wait until it’s too late - protect your business with Lumen’s ransomware protection services today. Contact me for more information. #ransomware #ransomwareattack #ransomwareawareness #Lumen #dmdanny #cyberattacks