Done globally with 100 executives from SEA, Kaspersky’s study titled, “How business executives perceive ransomware threat” conducted last April, revealed the heightened awareness of business executives in Southeast Asia about the sophisticated risks online. Data theft, alongside Advanced Persistent Threat attacks and ransomware infections, are the highest on their list of concerns.Data theft, also known as data breach, is the threat that the respondents from SEA are most concerned about .
The same study revealed that while the majority of the respondents anticipate a ransomware attack, almost 7 in every 10 of them believe that “the possibility of my organization being exposed to a ransomware attack is too small to worry about”. Since 2020, Kaspersky experts have been warning about “Ransomware 2.0”. Almost always a “targeted ransomware”, Ransomware 2.0 refers to cybercriminal groups who moved from hostaging data to exfiltrating data coupled with blackmailing. The aftermaths of a successful attack include significant monetary loss and damaging reputation loss.
The infamous ransomware groups Kaspersky experts closely monitor include REvil, LockBit, Conti, and more. Enterprise companies are recommended to use anti-APT and EDR solutions, enabling capabilities for advanced threat discovery and detection, investigation and timely remediation of incidents, as well as to have access to the latest threat intelligence. An MDR provider could help to effectively hunt any advanced ransomware attack. All of the above is available within Kaspersky Expert Security.
If you become a victim, never pay the ransom. It won’t guarantee you get your data back but will encourage criminals to continue their business. Instead, report the incident to your local law enforcement agency. Try to find a decryptor on the internet – you can find some of these available at nomoreransom.org.
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