Ransomware: A Critical Threat to Financial Services
Financial institutions are prime targets for ransomware attacks due to the vast amounts of sensitive customer information they hold. The consequences of these attacks can...
Read MoreIn the ever-evolving world of cyber threats, ransomware has emerged as a formidable monster, impacting organizations throughout all sectors, notably healthcare, education, and cyber insurance. The very mention of certain ransomware names sends shivers down the spines of IT professionals, recalling stories of paralyzed operations, compromised data, and very large ransom amounts needing to be paid leading to organizations going out of business. When organizations fall victim to ransomware, they experience long periods of downtime, loss of organizational trust and many times customers were negatively impacted.
This article aims to shed light on some of the menacing malware types that have made headlines in healthcare, education, and cyber insurance over the past decade.
The aforementioned ransomware names aren’t one off examples, instead they represent very tangible threats that organizations grapple with daily. In understanding how cybercriminals work, their patterns, and impacts, institutions can better prepare themselves. When organizations choose to utilize BullWall’s advanced ransomware containment solutions, it provides them with the means to stop an active ransomware attack and lessen the damage caused by an attack.
BullWall offers a ransomware assessment pentest to help you assess how your current tools respond to various ransomware variants. Or you can schedule a demo.
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