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As 2022 approaches, skyrocketing ransomware threats and extortion demands show no sign of slowing down. Average ransomware demands surged by 518% in the first half of 2021 compared to 2020, while payments climbed by 82% in the same period, according to Infosecurity Magazine. Crippling ransomware attacks caused an average business downtime of six days with costs in the millions.
Cyber criminals actively target SMBs who often lack the resources to fortify defenses against malware like ransomware. In 2022, MSPs can play an even more crucial role in safeguarding small-to-medium-size businesses (SMBs) against ransomware.
This article will provide insights into how MSPs can protect their own house, and their customers, against ransomware with a layered approach to cybersecurity.
Multi-prong assaults require a multi-layered strategy
Netsurion’s security analysts often detect ransomware as part of a multi-faceted assault. Deployed by cyber criminals using leaked or stolen login credentials, these attacks appear like valid users on the network. Ransomware tactics often include a “low and slow” approach that evades detection from siloed tools that lack 24/7 visibility.
REvil, Conti, and Darkside are just a few examples of criminal gangs that successfully use a ransomware tactic called double extortion. In 2022, organizations will continue to uncover exploitation by these well-funded ransomware gangs who adapt and morph their proven techniques. Ransomware-as-a-service (RaaS) enables less sophisticated attackers to scale up to disrupt unsuspecting victims. Proactive prevention is needed upfront to block as many threats as possible, and rapidly detect and remediate everything else.
What would your layered approach look like?
Imagine trying to keep up with the constant shower of threats, including what happens when they do get in – which will occur. A layered approach to cybersecurity provides redundancy in case of security control failure or a future vulnerability is uncovered. Defense-in-Depth security protects against a wide range of threats to cover all the bases. The optimal balance of people, process, and technology can safeguard your customers as well as your own operations. Use a 4-step approach to predict, prevent, detect, and respond (PPDR) to ransomware.
Defense-in-depth security helps you prepare for and prioritize the most dangerous threats, both known and unknown.
MSP benefits of defense-in-depth
As you prepare for the new year, now’s the time to evaluate your product and service portfolio in response to rising ransomware. MSP advantages include:
Expertise plus technology safeguards your entire attack surface across servers, network devices, cloud assets, and endpoints. Learn more about attack surface protection in this ransomware eBook.
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