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Enterprises Information Security: Ransomware Attacks Surge, Threatening Global Enterprises

Information Security

A global insurance giant was recently attacked by ransomware, Avaddon, and 3TB of sensitive data including customer identity, bank documents, medical and claim records were stolen, affecting operations in Hong Kong, Thailand, Malaysia and the Philippines. This attack not only suspended the group's online business for some time, but the data breach could also lead to penalties or even litigations, resulting in loss of customer confidence in the long run.

In fact, all enterprises of any industry, region and size, are under the threats of ransomware. Once attacked by ransomware, it is too late to do anything – all comprised files are locked. The victim may either pay a ransom to unlock the data or restore data from an offsite backup. However, either way is not the end of the story. Being attacked once does not guarantee immunity to ransomware. Victims of ransomware are advised to address all exploited vulnerabilities that may lead to repeated ransomware attacks.

Prevent Repeated Ransomware Attacks by in-depth Assessments

A series of comprehensive assessments and analyses can help investigate the cause of ransomware attacks and identify security issues to remediate and prevent the recurrence of cyberattacks.

Root Cause Analysis – The origin of ransomware attacks can be discovered by Root Cause Analysis, drilling down where and how the attacks took place. It helps enterprises pinpoint and fix the vulnerabilities to minimize the cybersecurity threats.

Compromise Assessment – By identifying the ongoing or past intrusions, and assessing the possibility of other malware intrusions, Compromise Assessment can minimize the chance of the enterprise becoming a target again. The assessment investigates all anomalous activities using the behavioural approach and artificial intelligence (AI) technologies to detect anomalous network behaviours and cyber threats to the system.

Digital Attack Surface Assessment – As cyberattacks continue to surge in volume and complexity, there is a strong need for enterprises to conduct Digital Attack Surface Assessment to further analyze the attack surface of their entire IT environment and identify security risks that may be exploited by threats. It helps the formulation of countermeasures for more effective cybersecurity and risks management.

When it comes to effective vulnerability assessments and analyses, you are never alone. You may join hands with a reliable information security service provider to deal with the ever-changing security challenges.

As your trusted information security partner, CITIC Telecom CPC embraces years of practical experiences and deep industry knowhow with intelligent analysis capabilities. We have designed a suite of analytic-driven managed security solutions for our enterprise customers. Backed by our powerful Security Operations Centers (SOCs), our TrustCSI™ information security solutions offer enterprises with high availability and strong disaster recovery capabilities. The SIEM technology platform is also utilized for correlation analysis and identify threats in real time. It can help to quickly determine the priority of security threats, respond to security incidents, and fix the vulnerabilities in systems, devices, and applications in a timely manner. Contact our information security experts to learn more!

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