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Dave Kennedy

The Rise of Ransomware

Cybercrime Market

The Cybercrime Market

Just Say No

You Can Say No to Ransomware Demands

When the unexpected threatens your business

Experts say 2017 will be the year of ransomware — but how exactly are companies affected by these attacks?

DATA EXFILTRATION

Often, data exfiltration occurred from devices - meaning unauthorized transfer of data from a computer server.

More than half of victims are fairly sure that data was removed from compromised devices.

Reputational Risk

Companies were reluctant to report ransomware incidents to law enforcement due to concerns about negative publicity.

EXTENDED CONSEQUENCES

Nearly half of respondents believe one ransomware incident can make a company more vulnerable to future attacks.

Impact of downtime:

thirty-three percent

New technology investments

thirty two percent

Lost customers

thirty two percent

Lost money

FINANCIAL LOSS

The top consequence of a ransomware attack is financial.

Dollar sign

Companies surveyed experienced an average of four ransomware attacks and paid an average of $2,500 per attack.

46 percent

46% said attackers demanded payment in less than two days. Many unprepared companies pay this ransom.

48 percent

48% of companies paid the ransom demanded.

Victim Psychology

The Psychology of a Ransomware Victim

Fight Ransomware Podcast

FightRansomware Podcast

Ransomware FAQ

Ransomware FAQ

The State of
Ransomware Today

Ransomware is Lucrative and Hard to Trace

Since the inception of ransomware, hackers have become increasingly sophisticated in their attempts to collect valuable data from companies of all sizes.

Even those with little hacking experience can get involved through Ransomware-as-a-service (RaaS), which provides novice hackers with everything they need to launch an attack. Attackers are sophisticated enough to also have customer service representatives to help their victims make payments, answer FAQs and more.

The FBI says more than 4,000 attacks occurred daily in 2016. That's a 300% increase over the prior year.

It's a challenge to find the criminals behind the attacks because most often attackers are being paid in untraceable virtual currency, like Bitcoin.

The Ransomware Guy

Ransomware Secrets

Ransomware Primer

Ransomware Primer

Ransomware Distributor

Ransomware Distributor Hacked

How to Protect
Against Ransomware

The question is no longer "if" but "when" a ransomware attack will happen against your company. So how can you be prepared?

Full and Accurate Backup is the Best Defense Against Ransomware

68 Percent

68% of respondents in companies that experienced a ransomware incident say it is "essential" or "very important" to have full and accurate backup as a defense for future ransomware incidents.

Employee Education is Critical

29 Percent

The most common way ransomware is unleashed is through phishing/social engineering. Only 29% are confident their employees can detect risky links or sites that could result in a ransomware attack.

Extended Consequences

Nearly half of respondents believe one ransomware incident can make a company more vulnerable to future attacks.

Due to downtime, businesses

33 percent

needed to invest in new technologies

32 percent

lost customers

32 percent

lost money

Financial Loss

Dollar sign

Companies surveyed experienced an average of four ransomware attacks and paid an average of $2,500 per attack.

46 percent

46% said attackers demanded paymeny in fewer than two days. Many unprepared companies pay this ransom.

48 percent

48% of companies paid the ransom demanded.

Reputational Risk

Companies were reluctant to report ransomware incidents to law enforcement because of concerns of negative publicity.

Data Exfiltration

Often, data exfiltration occurred from devices- meaning unauthorized transfer of data from a computer or server.

On average 42 hours was spent dealing with and containing a ransomware incident.

The State of Ransomware

Between January and September 2016, the Justice Department reported
4,000 ATTACKS
of ransomware (this is quadruple the amount of such attacks from the previous year).

Ransomware is Lucrative and Hard-To-Trace

Since the inception of ransomware, hackers have become increasingly more sophisticated in their attempts and strategies to collect valuable data from companies of all sizes.

Even those with little hacking experience can get involved through
RANSOMWARE-AS-A-SERVICE
(Raas), which provides novice hackers with everything they need to launch an attack. Attackers are sophisticated enough to also have "customer service" representatives to help their victims "navigate payments", answering FAQs and more.

It's challenging to find the criminals behind the attacks because most often attackers are being paid in untraceable virtual currency like Bitcoin or in cash.

How to Protect Against Ransomware

The question is no longer "if" but "when" a ransomware attack will happen against your company. So how can you be prepared?

29 Percent

Employee Education is Critical

The most common way ransomware is unleashed is through phishing/social engineering and unsecure websites. Only 29% are confident their employees can detect risky links or sites that could result in a ransomware attack.

68 Percent

Full and Accurate Backup is the Best Defense Against Ransomware

68% of respondents in companies that experienced a ransomware incident say it is "essential" or "very important" to have full and accurate backup as a defense for future ransomware incidents.

The Ponemon Institute, The Rise of Ransomware, January 2017