The first ransomware attack occurred in 1989. In 2020, more than 30 years later, why is ransomware still such a common issue?
Despite adopting various technologies and security solutions, attacks are still taking place—and they are getting more severe. In fact, the average ransomware payment has increased 104% in Q4 of 2019 and business interruption has increased 200% in 2020 from just 2019. Ransomware attacks cost US businesses more than $7.5B USD in 2019 alone.
Companies and organizations are battling new strains of ransomware that existing security solutions can’t detect and evolving ransomware techniques that evade these solutions’ controls. With ransomware and other malware threats on the rise, your organization security is continually at risk.
However, focusing on prevention—not detection or remediation—is one of the ways that you can avoid an infection, business interruption, and paying those hefty ransomware payments.
Watch this informative webinar to explore:
- Trends in ransomware attacks and lessons learned from the biggest ransomware attacks to date
- The pros and cons of various technological approaches to preventing ransomware, including the potential gaps of various solutions
- Real examples from Votiro clients who have been successful in defending against ransomware and paying the hefty sum