Ransomware is the most pressing security concern for organizations today and that is because it has the highest potential payout for cybercriminals. Applications with discovered critical or zero-day vulnerabilities that have been left unpatched leave you open to a potential attack.

Many small business owners assume that they will not be targeted because of the size or nature of their business. This is a dangerous assumption because organizations of all sizes and types are being targeted every day. No one who doesn’t take precautions is safe. Any company can easily be extorted by exposing employee data, client lists, customer credit cards, or other sensitive data.

The Cost Of Ransomware

The cost to those victimized by ransomware extends much farther than just the ransom. Clean-up and recovery, PR expenses, disruption to business, and the cost of reporting and compliance that come with data breaches can be devastating to any organization.

Paying the ransom to recover your data is a bad idea because it is only the first way you pay. If the hackers are able to exfiltrate data, the attack is a reportable data breach and there are compliance guidelines and penalties involved. Insurance premiums will increase, legal fees will be incurred, additional security processes and software we need to be purchased, and after a data breach, your daily business is going to suffer as well.

Cyber Protection

Traditional firewall and antivirus applications are no longer adequate to protect from a modern cyberattack. If your organization is targeted, they will eventually find a way in. The best defense is a strong offense. In this case, that means putting a thoughtful & strategic suite of security policies, tools, and processes in place. You should focus your efforts on preventing hackers from being able to navigate within your network and gain access to your data.

Consistent and timely patching is critical to the overall security of your environment. RAVENii’s Vulnerability Management solution will validate that any patches applied and/or misconfigurations fixed were accepted and successful. 

We will scan your environment to identify vulnerabilities in your normal operations. Any inconsistencies will be evaluated to determine whether or not they pose a risk to your business. These risks will then be communicated to you and together, we will deploy a plan of action to mitigate the threat or vulnerability.

Alternatively, RAVENii’s Security Operation Center (SOC) As A Service delivers powerful threat detection, incident response, and compliance management in one fully managed service. We combine all the security capabilities needed for effective security monitoring across your cloud and on-premises environments.

SOC As A Service eliminates the need to deploy, integrate, and maintain expensive solutions like a SIEM and maximizes your existing security investments like your firewall and antivirus by including their logs in our analysis. SOC As A Service offers low total cost of ownership (TCO) and flexible, scalable deployment options for organizations of any size or budget.

For more information about ransomware or any other cybersecurity concerns, click here or call RAVENii at (844) 317-0944 today.