One of the biggest stories of the week, the worldwide WannaCry ransomware attack, continues to gain momentum as the payment deadline approaches. The malicious software took advantage of vulnerabilities in commonly run software, impacting hundreds of thousands of computers across the globe.
According to the New York Times, “Early estimates of what the virus could ultimately earn had ranged into the tens of millions or even hundreds of millions of dollars. Victims have seven days to pay from when their computers were originally infected, so the deadline will vary from case to case.”Read More
Every few days, we see a new headline about organizations becoming target of ransomware. Ransomware is a type of malware, which forces organizations to pay ransom by limiting or preventing their employees from accessing the digital assets (like files and databases) in their possession. A ransomware typically encrypts files on endpoints and file repositories, thus preventing access to the files and then, in order to decrypt the files, demands payment. The ransom prices vary, ranging from a few dollars to thousands of dollars per file – which can run into millions of dollars for a large organization. It is important to note, however, that paying the ransom does not guarantee that users can eventually access the infected system or files.Read More
Topics: Mobile Content Management (MCM), Digital Rights Management (DRM), Enterprise File Sync & Share, FTP Replacement, enterprise file security, Dropbox Alternative, endpoint encryption, endpoint data protection, Secure FIle Sharing, VPN-free access, endpoint backup, Ransomware
As we are moving into 2016, experts are predicting Ransomware to become one of the biggest menaces for enterprises – particularly for those with sensitive, proprietary and private data in their possession.Read More
Topics: Mobile Content Management (MCM), Digital Rights Management (DRM), Enterprise File Sync & Share, endpoint encryption, endpoint data protection, Secure FIle Sharing, Mobile Collaboration, endpoint backup, Ransomware
What is Ransomware? What is the associated security risk? What is our defense mechanism? Your C-level executives may have asked you similar questions, as there has been a sharp rise in the number of incidents of this devastating malware that attempts to extort money from the victims with promises of restoring data infected (actually encrypted) by them.Read More
Topics: Digital Rights Management (DRM), Compliance, Enterprise File Sync & Share, enterprise file security, Dropbox Alternative, endpoint encryption, endpoint data protection, Secure FIle Sharing, data governance, Mobile Collaboration, endpoint backup, Ransomware