Ransomware Study – Quantify Your Risk of an Attack
A year on from the crippling WannaCry and NotPetya attacks, ransomware continues to be one of the most prevalent cyber threats facing law firms today.
Latest independent research carried out by Vanson Bourne and commissioned by No.1 Next Gen Endpoint Security vendor, SentinelOne reveals some interesting statistics. These should help you quantify the risk of a ransomware attack disabling your organisation and decide on next steps for how to mitigate these in future.
One to highlight is the cost of ransomware to an individual business which from the responses of 500 IT Security professionals, this has been calculated at an average of £591,000 per organisation. Given that 56% of firms surveyed had been hit in the last 12 months (which is just over a 1 in 2 chance), it’s clear that every IT security professional needs to be accounting for ransomware in their budget… But how much is realistic?
There’s one thing for sure, if you’re prepared you won’t be paying out the sums of money this survey has found other firms are. A solution which NETprotocol recommends to our legal clients and believes is perfectly placed to keep your systems safe, is the SentinelOne Endpoint Protection Platform (EPP). This unifies prevention, detection, and response in a single, purpose-built agent powered by machine learning and automation.
Most traditaional antivirus solutions are no longer capable of detecting the sophisticated strains of ransomware that are being released daily, however SentinelOne’s Next Gen solution will identify attacks in real-time and mitigate any damage, by containing the infection and rolling back the compromised endpoints.
Having read the Ransomware Research Survey with interest, co-founder and technical director at NETprotocol, Mike Batters explains;
“Beyond the industry leading protection delivered by SentinelOne EPP, the lightweight engine does not slow systems or user experience, whilst the forensic level logging and deep visibility provide administrators with instant analytics on both user and software behaviours, which can be built in to GDPR audit procedures. SentinelOne EPP is far more than just a Next Gen Anti-Malware solution and is rapidly becoming a go-to solution for many different end point scenarios.”