How can endpoint protection platforms help protect against ransomware?
Unfortunately, ransomware appears to be enjoying a renaissance or at least a resurgence. Previously, it looked as if cryptojacking malware might seize the dark crown of most common malware. However, with the instability of cryptocurrencies deterring hackers, ransomware has reclaimed its title, with devastating results.
Throughout November 2020, multiple businesses either disclosed an earlier ransomware attack or suffered one themselves; among the most prominent, a REvil ransomware attack on web hosting provider Managed.com forced downtime on multiple business websites.
Why do hackers use ransomware so frequently? Usually, businesses end up paying the ransom for their encrypted data. Even though almost all IT decision-makers know better than to think paying would guarantee the return of their data, they still pay. Unfortunately, once ransomware encrypts the data, there are few avenues to alleviating the issue other than playing into the attackers’ game.
Of course, you can (and should) consider a Backup and Disaster Recovery Solution; these can help you deal with the aftermath of an attack. But what can you do to prevent a ransomware attack?
The answer lies with endpoint protection platforms and their protection against ransomware.
How Endpoint Protection Platforms Protect Against Ransomware
Endpoint protection platforms offer next-generation antivirus and firewalls to repel malware like ransomware. In other words, it forms one of the many necessary layers of the enterprise digital perimeter. Further, endpoint protection platforms also boast tools such as email security that keep phishing emails (which often carry ransomware-payload links) from inboxes.
However, as many would point out, no digital perimeter can repel one hundred percent of all cyber-threats. Eventually, even with the right protections, you may still become infected.
Thankfully, next-generation endpoint protection platforms can provide through endpoint detection and response (EDR). EDR functions as a SIEM-comparable capability; it scans endpoints and applications for signs of infection. Then, upon detecting a security event, it sends an alert to your IT security team.
These alerts accelerate investigation times (and EDR can often freeze suspicious processes or programs until an investigation commences). With the right tools, you can catch and remove ransomware before it encrypts your data.
To learn more, be sure to check out our Endpoint Security Buyer’s Guide.
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