How to Stop Ransomware Attacks

Presented by

David Muniz - Cybersecurity specialist

About this talk

The future of cybersecurity brings with it many changes, some of which we can predict today. Companies tend to be unprepared for the fastest-spreading threats, including ransomware. Ransomware prevalence increased 365% between Q2 2018 and Q2 2019 and then grew another 148% during the COVID-19 crisis, according to research by Osterman Research. Attackers’ strategies and techniques change quickly. According to IBM Security X-Force Incident Response, which saw an explosive increase in ransomware attacks especially in Q2 2020, today’s attackers are very agile. Ransom demands are steadily increasing as attackers narrow their focus to victims, such as manufacturers who can incur millions of dollars in losses for a day of downtime and therefore have little tolerance for it. Threat agents are also combining new extortion tactics based on data theft into ransomware attacks, stealing confidential company information and threatening to make it public if their victims do not pay for the decryption key. These tactics require a review of incident response and crisis recovery plans, but many security teams are not keeping pace. Watch our webinar where we will explain how a PAM (Privileged Access Management) can protect your company from ransomware attacks.

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Our mission is to eliminate abuse of privilege in organizations around the world and build digital sovereignty. To achieve this, Senhasegura works against data theft through the traceability of privileged actions of human and machine identities on assets such as network devices, servers, databases, industry 4.0, and DevOps environments. Companies of various sizes and industries rely on Senhasegura to protect one of their most valuable assets: data. In 2020, Senhasegura was recognized as a “Challenger” in the Gartner Magic Quadrant (MQ) report. In the same year, Gartner also ranked us among the top three PAM technologies in the world in its Critical Capabilities PAM report. In January 2021, we were one of only two companies in the world to receive the Customers' Choice seal on the 2021 Voice of the Customer report by Gartner Peer Insights. On the same portal, our customer reviews offered a recommendation rate of 97%*, the highest among all PAM providers. In addition, Senhasegura was listed in Forrester's Wave report for Privileged Identity Management 2018 and also named as a "Challenger" vendor by KuppingerCole in its Leadership Compass 2020 report. In December 2020, we were named by GPTW as a Great Place to Work by our employees.