Ransomware Events and Attacks

Ransomware Events occur when malicious ransomware software is installed on a device, network, or computer system to encrypt files or prevent users from accessing their systems. Then, to provide the victim with the required decryption key or allow them to access the hacked data again, the attackers demand a ransom. A Ransomware Attack involves the deliberate and unauthorized deployment of ransomware by cybercriminals to compromise the integrity of an organization's data or systems. There are several ways that ransomware attacks might happen, including phishing emails, malicious downloads, and taking advantage of software flaws. After activation, the ransomware encrypts files, making them unreadable, and demands payment to the attackers in exchange for the decryption key. Serious repercussions from these attacks may include lost data, interrupted operations, monetary losses, and harm to the targeted people's or organizations' reputations. Organizations frequently prioritize the implementation of strong cybersecurity safeguards, frequent backups, employee education, and prompt software patching as preventive steps to reduce the likelihood of being a victim of ransomware incidents and assaults.

ThreatNG is a comprehensive solution encompassing External Attack Surface Management (EASM), Digital Risk Protection (DRP), and Security Ratings. It plays a pivotal role in fortifying an organization's resilience against Ransomware Events and Attacks targeting its external digital presence. ThreatNG tracks all Ransomware Events and identifies external vulnerabilities that ransomware attackers could exploit by continuously monitoring and analyzing the organization's attack surface. For instance, ThreatNG's EASM features provide a detailed view of potential entry points for ransomware, facilitating proactive risk mitigation. The platform can integrate with existing security solutions, such as endpoint protection solutions and threat intelligence platforms, streamlining the exchange of critical information. For example, ThreatNG can uncover suspicious external activity and facilitate a handoff of intelligence to endpoint protection systems, enabling swift response to potential ransomware threats. This collaborative approach enhances the organization's external defense mechanisms and optimizes synergy with complementary solutions, empowering security teams to effectively thwart ransomware events and attacks before they inflict substantial damage.