WordFly Ransomware Attack, Experts Insight

By   ISBuzz Team
Writer , Information Security Buzz | Jul 28, 2022 09:08 pm PST
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Sam Linford
Sam Linford , AVP EMEA Channels
July 29, 2022 5:10 am

“Ransomware attacks are unrelenting, and they can put untold pressure on both the business and people. Unfortunately, it is becoming all too common that when a ransomware attack hits an organisation, services are shut down for weeks, and in the case of WordFly, struggle to get back up and running.

Downtime in services can be disastrous for a business, with it potentially effecting both customers and partners, which ultimately can lead to a loss of trust among users and the enterprise taking a big financial hit. More worryingly, however, is the impact it can have on employees.

Right now, security and IT teams are working around the clock to get systems back up and running, and they will be under pressure from bosses above to get it done as quickly as possible. Simultaneously, they will have the constant fear that the next ransomware attack could be right around the corner, knowing the original breach could inspire copy-cats.

The stress and pressure experienced by security teams in these situations is incredible, however not everyone can cope. Recent research has shown that 45% of professionals have considered leaving the industry due to stress, with the primary issue being the constant threat posed by ransomware. Clearly, there is something not right in our mindset towards cybersecurity.

Too many organisations accept the “assume breach” mindset and take a reactive approach when dealing with ransomware. However, with the latest malware and techniques evading such approaches, mitigating cyberattacks is no longer enough.

Instead, organisations should be implementing a prevention-first mindset. Let’s end this acceptance by organisations that they have to shut down their systems as a precaution when they are hit by cyberattacks. It is time we stop ransomware attacks before they breach the network so that business services can continue to run at 100%.”

Last edited 1 year ago by Sam Linford

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