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10 ‘Horrifying’ Ransomware Trends And Best Prevention Methods: CISO

“Threat actors have gotten much more sophisticated and much more aggressive in their demands. Even if you hire a good negotiator to negotiate with threat actors, you‘re generally still settling for around one-third,” said Kevin McDonald, CISO and COO at Alvaka Networks.

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95 Percent Of Ransomware Cases Can Be Prevented

Along with using an antivirus-malware combination, McDonald lays out the steps businesses can take to protect themselves. And if they do these simple steps, there’s a good chance you’re protecting yourself from a ransomware attack.

“There are some really basic things that you can do too,” he said. “Patching your systems, managing the external access to the degree that you use best practices and using the CIS controls will prevent about 95-plus percent of the cases that we‘ve received. Then, of course, using your typical, or industrial grade, antivirus malware combination.”

“Certain brands of firewalls have problems that are not being addressed, or when they are addressed by the vendor the clients are not addressing them,” he said. “Another opportunity and another risk, by the way, for MSPs, if you‘re responsible for that, you better be updating firmware for security appliances.”

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