Study Shows Traditional Protection Tools Have 60% Failure Rate Against Ransomware

The dangers associated with ransomware attacks have spurred many organizations to adopt a wide range of protection tools because of the fact that this is the sort of thing that could potentially end up helping them fend these attacks off. In spite of the fact that this is the case, around 60% of the organizations that had the foresight to adopt the usage of such tools found themselves struggling against ransomware attacks that managed to slip past their defense systems.

With all of that having been said and now out of the way, it is important to note that these organizations often rely on traditional security tools which include encryption, backup and recovery as well as data masking tools. According to a study released by Titaniam, 40% of all organizations that participated in their survey faced ransomware attacks, despite 70% of them using at least a few of the traditional digital security methods described above.

Most of the traditional security tools rely on credentials, and hackers can quite easily steal credentials to hide themselves from security protocols and infect systems with ransomware. Stolen credentials can allow malicious actors to simply log in to the system they are trying to attack, so there is a real need for organizations to update their security protocols with all things having been considered and taken into account.

Ransomware attacks can only be reasonably prevented by utilizing encryption-in-use security systems. This will distort any data contained within a database which would make it a lot harder for stolen credentials to be valuable. Malicious actors need to exfiltrate data before they can encrypt it using ransomware, so measures like this can reduce their ability to do so by a large margin.

A refusal to keep up with the times is the ultimate culprit here. Organizations only just got used to the idea of cybersecurity being a necessity, and it seems that there is yet again a learning curve at play with this new breed of threats. Innovative data encryption and masking techniques need to be implemented otherwise the ransomware problem might never truly go away.

Read next: Hybrid Work Environments Force Most Employees To Bypass Strict Security Measures, Says New Report
Previous Post Next Post