In the most recent appearances, Ransomware combines file encryption with the threat of disclosure of sensitive company data. With this double extortion they have become one of the biggest cyber threats for companies. Blocking files by encrypting them and then demanding a ransom to decrypt them has been a very effective tactic for cybercriminals, if we now add the threat of disclosing said data if the ransom is not paid, the danger and risk that companies run is even greater.
These types of attacks can interrupt the activities and operations of companies, seriously damage their reputation as a brand, entail large economic costs, etc.By implementing the right solutions ProvenData can identify errors, prioritize detected risks and allow organizations to react before these malicious attacks can act.
SaaS applications have become the main objective, since they have been designed with the purpose of allowing rapid file sharing, collaboration and process automation. Which represents an easy channel for Ransomware to spread. Furthermore, the large number of files contained in this type of applications and their poor configuration are a sweet spot for the theft of corporate data.
On this page
How To Protect Company Data
Most applications used by companies (such as SaaS) lack native protection against cyber threats and on-premise hardware security technologies are not designed to combat malware and protect our data in the cloud. Here we want to give you some tips to protect company data.
Close Possible Gaps
All companies need a complete defense against the intense proliferation of malware and, especially, Ransomware. This has generated the demand for cybersecurity solutions designed for the cloud computing world, capable of dealing with malware by any user, device or any network application.
A good solution would be the ability to prevent the upload of malicious or infected files to cloud applications, in addition to being able to identify the type of threat, including Ransomware, and make it easier for companies to prevent the extraction of their data by through SaaS, avoiding double extortion from cybercriminals.
CASB to combat Ransomware
The Cloud Access Security Broker (CASB) serves as points of visibility and control in the cloud, and can help us solve the Ransomware problem. We proxy traffic to secure data in motion in real time, and we integrate it with application programming interfaces to secure data at rest in the cloud.
A CASB can prevent malicious files from being uploaded to SaaS applications and react to malware or Ransomware already installed in cloud applications. Their main advantage is that they do not require hardware devices in data centers and offer scalable multi-part protections.
Cloud Data Loss Prevention
Once Ransomware has managed to infiltrate a company, it is a matter of minutes for cybercriminals to take over all the data. Data theft and threat of disclosure is an increasingly common strategy to guarantee ransom payment. For this threat to be effective, cybercriminals must be able to extract company data. Cloud-based Data Loss Prevention (DLP) is a very valuable element in these situations.
Its main purpose is to examine the contents of outgoing files, preventing their movement if necessary to prevent leaks. This disrupts the attack by preventing them from extracting and seizing the data and carrying out their double extortion.
Bug Fixes with CSPM
The continued use of SaaS applications requires adequate configuration of its parameters in order to guarantee the proper functioning and security of the application and its data. Poor configuration can create a gap through which cybercriminals can access corporate systems and data. Cloud Security Posture Management (CSPM) can help address these vulnerabilities by identifying potential errors in configuration that could be used for data theft and extortion.
At ProvenData we offer comprehensive cybersecurity solutions, which cover the most relevant aspects of the current threat environment.
