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 today’s ever-changing digital landscape, data has ascended to an almost sacred status. The importance of making sure that data security in business is up-to-date is becoming one of the most important tasks an organization can undertake. Data breaches, intrusions, and cyber threats aren’t just the bane of IT departments; they are notorious for impacting an entire organization. From the cost of downtime to a loss of reputation and trust, having your data compromised can negatively impact organizations of all sizes. Companies like BullWall are championing the need for businesses to recognize the symbiotic relationship between data integrity and corporate success by containing ransomware attacks and reducing the total downtime that your business will face if they fall victim to a cybersecurity attack.
Today’s businesses, no matter their size or their industry, rely extensively on data. From customer insights and market trends to operational efficiencies and strategic planning, data is one of leading drivers of decisions. However, since data is invaluable for all organizations, hackers are working tirelessly to find new, innovative ways to infiltrate your systems and exfiltrate and encrypt the valuable data that you have.
BullWall’s industry leading ransomware containment solution offers businesses a cutting-edge defense mechanism. Our solution is centered around containing an active ransomware attack immediately, ensuring that once the breach has happened, the cyberattack’s impact is minimized, allowing businesses to reduce response time from hours to seconds, it helps to reduce downtime, which saves the company money. If you want to learn more about the cost of downtime, check out our cost of downtime calculators today.
With a large percentage of data breaches stemming from human errors or oversight, employee training in data security best practices is very important. Organizations need to foster a culture where every team member understands their role in data protection. In addition to understanding how vital they are in data protection, proper training of employees will allow them to better understand what they need to do in case of a cybersecurity attack.
In the interplay of business and data security, the approach must be holistic. Technology, training, and organizational policies must be in place and constantly tweaked to stay up-to-date. In addition to internal work, organizations can partner with BullWall to introduce automated security measures that will help your organization react quickly, efficiently and correctly in the case of a cybersecurity 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.
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...
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Read MoreIn the current digital age, one of the most pressing concerns is the exponential rising threat of ransomware attacks. These malicious attacks on organizations are...
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