Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

As an entrepreneur, you're well aware of how devastating ransomware attacks can be. And as the frequency and magnitude of such attacks are constantly on the rise, devising a formidable plan to protect your startup from a ransomware attack is imperative. According to CrowdStrike 2022 Global Threat Report, there has been an 82% YoY increase in ransomware-related data leaks in 2021. What's more? According to Statista, there were 623.3 million ransomware attacks worldwide in 2021.

That’s a wrap for Data Security Summit 2022! Last month, we gathered some of the wisest forces from the frontlines of cybersecurity to discuss why data security is a crucial component—and often a missing one—of a well-rounded security strategy.

Stolen passwords and compromised credentials are among the leading causes of ransomware attacks. In 2021, the IC3 received 3,729 complaints identified as ransomware, with more than $49.2 million in adjusted losses. Startups and small business enterprises (SMEs) must take preventative measures to lower their risk of a ransomware attack. Keep reading to learn more about ransomware and what steps your company can take to protect itself.

A report published by Cybersecurity Ventures predicts that by 2031, ransomware will attack a business, individual, or device every two seconds. The consequences of such an attack extend beyond the leak of sensitive information and financial losses; customers and clients don’t want to do business with organizations that neglect security of customer data. You can’t simply hope an attack will never happen.

The CrowdStrike Falcon platform delivered 100% ransomware detection and protection with zero false positives in winning the AAA Enterprise Advanced Security (Ransomware) Award in the first-ever SE Labs EDR ransomware evaluation.

In hybrid or remote desktop environments, content is the most exposed type of data. Egnyte’s all-in-one platform makes it simple and easy for IT to manage and control a full spectrum of content risks, including accidental data deletion, data exfiltration, privacy compliance, and much more. All while giving business users the tools they need to work faster and smarter—from any cloud, any device, anywhere.