Users warned of ransomware attacks

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Users warned of ransomware attacks
Ransomware is a type of malware that prevents or limits users from accessing their system, either by locking the system's screen or by locking the users' files unless a ransom is paid.

dubai - Ransomware attacks have increased manifold during the past year

By Abdul Basit

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Published: Sat 2 Jul 2016, 5:37 PM

Last updated: Sat 2 Jul 2016, 7:39 PM

There is no silver bullet when it comes to ransomware protection and it can only be tackled by a holistic, multi-layered approach, according to security solution provider Trend Micro.

Ransomware is a type of malware that prevents or limits users from accessing their system, either by locking the system's screen or by locking the users' files unless a ransom is paid.

Ransomware attacks have increased manifold during the past year. No one is immune to it, neither big nor small businesses. Even home users are not spared.

Trend Micro has blocked more than 100 million ransomware threats for their customers in the past six months alone, with 99 per cent of threats blocked from email and web traffic. Recognising the growth and impact of ransomware, the company has taken a holistic approach to defend customers against ransomware.

"Trend Micro is assessing the threat of ransomware and acting to protect against it," Trend Micro CEO Eva Chen said.

Trend Micro says ransomware readiness assessment helps businesses of all sizes understand vulnerabilities in their security posture and provides action that can be taken.

Ransomware removal tools help both consumers and businesses that have been impacted by ransomware to recover data.

"We understand this pervasive form of cyberattack can be debilitating to enterprises, regardless of size or industry, and can cause grave amounts of stress and costs to consumers. Trend Micro business and consumer products have been tuned to deliver the best protection against ransomware. Our ransomware recovery tools and phone hotlines leverage the threat expertise within Trend Micro to deliver always-on support and help customers to prepare for the possibility of an attack, or quickly if they've already been hit," Chen explained.

Trend Micro delivers enhanced visibility of how ransomware impacts an organisation - identifying ransomware delivered through email, malicious URLs, a network breach or server compromise. This enables incidents to be investigated and resolved more rapidly, and enables ransomware trends to be tracked over time so that an organisation's overall security posture can be improved.

"Trend Micro is offering stronger solutions to combat ransomware," said John Dickson, director of IT infrastructure, RNDC. "Offering an all-inclusive solution and custom hotline to any enterprise customer or consumer dealing with ransomware along with upgrades to existing products will help further protect customers in this digital age."

Doug Cahill, senior analyst covering cybersecurity at ESG, said: "The bottom line is that it's more important than ever to have a multi-layered approach for enterprise security."

Cahill added: "Trend Micro offers a set of security controls to protect enterprises from ransomware, providing the visibility required to understand how they are being impacted and how they can respond to improve their security posture. Their knowledge of the complexity and sophistication of ransomware brings a level of expertise that helps organisations mitigate the risk associated with this threat."

- abdulbasit@khaleejtimes.com


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