Ransomware Is Winning
We have all heard the news about the Kaseya ransomware attack and it’s associated impact to Business. Ransomware as a Service (RaaS) is on the rise as it has been proven to be a lucrative business for Cyber adversaries. This continues to drive the development of more and more sophisticated and repeatable threats. Organizations have been trying to invest in Endpoint solutions in the past to protect themselves against such attacks, however the statistics are showing otherwise. This is solid proof that it takes a Platform approach to address this, not just the Endpoint solutions but how all Security solutions in one organization work together to provide a better, validated Security Posture.
Statistically, more than 70% of companies targeted by Ransomware attacks have been infected, which means that seven out of ten attacks got past existing Cybersecurity control. So what is the success factor for such attack magnitude and success rate? The answer lies within its dynamic nature and increasing sophistication. Ransomware attacks have multiple building blocks, which attackers can easily mutate to create endless variants. This is how ransomware easily evades legacy Antivirus, and other Signature dependent solutions. Next-Generation Endpoint Protection category is created seemingly to address this issue, but it is still insufficient to protect against more Sophisticated attacks that uses Exploits and Mis-use of legitimate executables such as Powershell, CURL. Many organizations started looking at EDR, hoping to alleviate such a situation but only to find disappointment being limited by only Endpoint visibility while not doing much on Protection. The deployment of multiple agents may seem like a solution but in turn introduces new performance and operation issues due to the behaviour of these agents.
6 Best Practices to Protect Against Ransomware:
Backup your files
The most effective way to handle ransomware attacks is to use the 3-2-1 backup rule: keep at least three separate versions of data on two different storage types with at least one offsite.
Patch / Protection against vulnerabilities
Reduce the vulnerabilities in operating systems, browsers, and other applications by regularly updating them. Deploy Network and Endpoint solutions that can provide protection while waiting for patching Window. Employ a solution that does not require CVE alone to protect against Vulnerability.
Regularly train your employees on how to identify and avoid common ransomware pitfalls such as malvertisements, phishing emails, etc.
Employ Zero Trust Networks Segmentation helps to contain and confine the damage in the event of a Ransomware outbreak, so that it will not spread organizational wide. Verify everything from Users, Application, Data and Transactions.
Provide the least amount of privilege possible
Use robust access management to restrict unwarranted access and reduce the number of access points through which malware can enter your organization.
Use intrusion Prevention with Next-gen firewall
Next Generation Firewall provides multi-layer defense against Ransomware and any other attack in a single platform. Providing a single, consistent view and control of Security Posture.
Palo Alto Networks provides an End to End Platform that integrates together to offer Organizations better Security Posture against Ransomware and any other Threat. This is done through a combination of Palo Alto Networks Next Generation Firewall , a 8 years consecutive Leader in Gartner’s Enterprise Firewall Magic Quadrant and Cortex XDR Endpoint the leading solution in Detection & Response rated by Mitre ATT&CK. The Single Pass Parallel Passthrough (SP3) Architecture allows Organizations to seamlessly enable new Security Services as the threat landscape changes, without sacrificing performance, thus achieving better ROI and product longevity. It’s also the only NGFW in the market that has built in Machine Learning capabilities to provide protection against Patient Zero without relying on Signature. On top of that, it has the fastest update time from Threat Intelligence (up to seconds) where most similar solutions still take minutes and sometimes Days to deliver Security Update.
Cortex XDR Agent takes a multi-method prevention approach against all attacks be it Malware or Exploits. It does not solely rely on Signature to provide protection, but rather using Behaviour, Exploit Technique and Malware Local Analysis. It’s built- in APT capability allows it to share Threat Intelligence from Palo Alto Networks largest Threat Intelligence Database and also Signal the deployed NGFW for correlated update which is typically a manual process for most Organizations who employ a silo solution in each area.
Ipenet Solutions provides End to End service for all our Customers. We can start off by doing a Threat Assessment in your Organization and provide a proposed solution architecture that can address the gap. Partnering with Palo Alto Networks, we’re also capable of giving you a Best Practice Assessment Report over time, to ensure your Security Posture can be validated and adhere to the best possible manner that adheres to Vendor, 3rd party Best Practice.