The Ransomware Evolution and Its Countermeasure Solutions

When technology takes a transformative turn, it gives both ethical and unethical sides a chance to evolve and progress. The emergence of new and upgraded versions of ransomware is the result of the evolution of that unethical side.?

It usually takes the front seat when you wait until these bugs permeate your system and cause severe consequences like data and financial losses.?

In this blog, we will discuss the evolving versions of ransomware and how to stay ahead by eliminating them with our top-notch countermeasure defense solutions.??

The Modern Versions Of Ransomware

Hackers have upgraded themselves from conventional lock-and-demand practices and now they boast diverse types of ransomware bugs like;?

Intermittent Encryption: Instead of fully encrypting your company’s files, hackers have now started to encrypt only some parts of useful files. This makes it harder to detect without the services of the best cybersecurity experts and can be more threatening.?

Ransomware as a Service (RaaS): An unethical marketplace that permits anyone and everyone to launch a malicious attack for ransom even with limited knowledge about it.

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Supply Chain Attacks: Hackers attack your vendor software to disrupt or gain access to the supply chain on which your business relies. By penetrating it successfully, they compromise your entire interconnected system.?

Double Extortion: A sinister strategy where hackers, before encrypting your data, try to steal it and demand double ransom for it. This gives them the potential to get higher extortions.?

Fileless Ransomware: New bugs that once infiltrate your system leave no conventional footprints. This makes them harder to detect by traditional security software.?

IoT-based ransomware: If your IoT devices are poorly protected, they pave the way for hackers to penetrate your system and encrypt tons of sensitive information for ransom.

The Cascade Effect: How They Hurts Businesses?

If your business is not adequately prepared for ransomware attack situations with efficient mitigation strategies, then the consequences might be disastrous, such as;

Immediate Financial Impact on the system?

Loss of Consumer’s trust?

Damage to Brand’s reputation

Deprivation of Intellectual Property

Operational Disruptions

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Our Mitigation Solutions: Your Shield Against Evolved Ransomware

Penetration Testing And Assessment: Proactive and ethical cyber-attacks by our experts on your system to assess the security and eliminate any potential ransomware vulnerability.??

DDOS Protection- With continuous monitoring and supervision, our team eliminates malicious attempts to tarnish web property through unusual traffic.

IoT Security Monitoring: We provide advanced specific access control, data encryptions, and regular assessments to tackle threats over your IoT-embedded interconnected system.?

Supply Chain Security Service: Specially developed solutions by our cyber experts consist of vendor assessment, incident response, and remediation functioning to prevent your supply chain from all kinds of ransomware.?

Next-Gen Endpoint Security Audit: Systematic evaluation of security processes, after-incident methods, and endpoint controls by our cyber professionals to increase threat resistance.?

Conclusion: Don’t Become The Next Ransomware Victim?

Advancement in technology is the foremost reason for the evolution of ransomware in recent times. However, it is not the only reason.?

Increasing connectivity, the rise of New Threat Vectors, lack of proper human resource training, etc are also responsible for its transformation.?

At Prilient, we accept this challenge and deliver top-notch and affordable cybersecurity solutions that protect your business’s digital arena from all versions of ransomware.??

Contact our cyber experts and book a session for advanced threat protection strategies.