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The Ransomware Prevention Guide for Enterprises
Ransomware is an ever-growing threat to data, both on-premises and in the cloud. However, protecting an enterprise's environment with various layers of security can significantly reduce ransomware's damage to business-critical data.
This eBook guides customers through the ransomware ever-changing threat landscape and then provides guidance through tough, but critical questions:
- Should you get ransomware insurance?
- Should you pay the ransom?
- What are effective ransomware prevention methods?
- What are the steps to create an action plan for a ransomware attack?
Read the eBook, then contact QuattroOne to take the first step in protecting your SaaS data.
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Ransomware has evolved from a niche security issue to a significant concern for enterprises across all sectors. In 2021, 66% of organizations reported experiencing a ransomware attack, a notable increase from 37% in 2020. The average cost of a ransomware attack is approximately $4.54 million, excluding ransom payments. Cybercriminals are becoming bolder, with attacks becoming more frequent and complex, particularly as remote work has expanded the attack surface.
Should businesses consider ransomware insurance?
Ransomware insurance is increasingly popular among businesses as a means to mitigate financial losses from attacks. However, premiums have risen significantly, with increases ranging from 50% to 100%. Insurance providers are also becoming more selective, often limiting coverage to $5 million, down from $10 million. While insurance can help offset costs, it should not be viewed as a complete solution for ransomware protection.
What are effective methods for preventing ransomware attacks?
To effectively prevent ransomware attacks, enterprises should focus on several key strategies: maintaining regular backups of critical data, educating employees about identifying phishing attempts, implementing strong email filtering, utilizing endpoint security solutions, and enforcing least privilege access policies. Additionally, organizations should ensure their network is segmented to limit the spread of potential infections.
The Ransomware Prevention Guide for Enterprises
published by QuattroOne