Navigating the Ransomware Landscape: Insights from Cohesity’s Cybersecurity Discussion

In this engaging episode of the Biztech’s Cybersecurity Show,  we delve into the ever-evolving world of ransomware attacks and cybersecurity. Our guest, Sathish Murthy, Systems Engineering Director at Cohesity, provides invaluable insights into the rising threat of ransomware globally, particularly in the Asian region.

Discover the challenges organizations face when deciding whether to pay ransoms and the risks associated with data compromise. We explore the evolution of ransomware, from its early versions to the sophisticated tactics employed by state-sponsored actors.

Key takeaways :

1. Ransomware is a Global Concern:

Ransomware attacks are on the rise globally, and they pose a significant threat to organizations of all sizes.

2. Impact in Asia: 

In Asia, ransomware attacks are particularly prevalent, with approximately 60-65% of companies being impacted.

3. Reporting Breaches is Vital:

Despite some companies keeping ransomware attacks hush-hush, it’s crucial to report breaches and collaborate to combat this threat effectively.

4. Paying Ransom Dilemma:

Organizations often face a dilemma when deciding whether to pay ransoms. It’s essential to weigh the pros and cons carefully.

5. Organized Cybercrime:

Cybercrime has become highly organized and, in some cases, state-sponsored, making it a billion-dollar revenue stream.

6. Protecting Your Business:

Conducting security assessments is a critical starting point for protecting your organization against cyberattacks.

7. Cohesity’s Solutions:

Cohesity offers comprehensive data protection and management solutions, including multi-factor authentication, data encryption, and a unique data quorum feature for enhanced security.

Guest : Sathish Murthy, Systems Engineering Director at Cohesity

Host : Brian Fernandez

For more on such conversations click here…