Ransomware is one of today’s most pervasive and dangerous cyber threats. The latest ransomware attacks can quickly spread throughout a company, impairing user productivity, and disrupting business. Research firm Cybersecurity Ventures predicts that the annual global cost of ransomware to businesses will top $42 billion by 2024.
CyberArk Labs analyzes 100s of new ransomware samples each day. In this paper, the team shares its evaluation of more than 3.5 million samples to-date – as well as an examination of the path to encryption and effectiveness of mitigation strategies including:
- Application control: allow, block and greylisting applications
- Least privilege: removing local administrator rights from standard user accounts
- Regularly backing up data