A single ransomware attack can have disastrous consequences on a business. The longer a security threat lingers in a system, the more damaging the effects. But even a few minutes is enough to encrypt valuable data and put your company at risk.
As such, it’s crucial for companies to utilize cybersecurity infrastructure designed to detect and terminate a ransomware attack immediately the threat enters the system.
Real-time encryption detection is the primary way businesses can swiftly respond to ransomware and safeguard their data from malicious actors. This article dives into real-time detection for ransomware attacks and why it’s a must-have need for your business.
How Real-time Encryption Can Protect Your Business from Today’s Ransomware Threats
In a digital age with ever-evolving cybersecurity threats, it’s invaluable to invest in ransomware recovery for your business. According to recent statistics, more than 68% of cyber attacks worldwide were ransomware. In fact, ransomware attacks had hit 155 million by Q4 2022.
But that’s not all. In 2023, ransomware payments surpassed $1 billion – an all-time record according to current available data. With malicious actors not slowing down in their assault on businesses, protecting your firm’s data is non-negotiable.
Of course, it’s very likely you’re already aware of the threat your company faces in today’s digital landscape and have taken steps to safeguard your systems. Unfortunately, though, most of the security solutions utilized today rely on periodic scans to detect cyber-attacks.
The gap between these checks is more than enough time for hackers to encrypt sensitive information on your database. Not to mention the fact that the scans themselves can often take hours, creating more time for the attackers to continue their activities without restrictions.
Rather than relying on cyclic scans to protect your company’s data from ransomware attacks, real-time encryption detection is a more proactive method to combat these modern cyber threats.
Utilizing real-time encryption tools, you can spot an infiltration within seconds. With almost-instant identification of an attack, you’re not likely to lose a significant portion of your data to hackers because you can also respond faster and minimize the impact of the breach.
Real-time Encryption Detection: How It Works
Most ransomware protection tools can take several hours to scan backup files to detect an attack. Within this timeline, the hackers may have gained access to every piece of information on your database.
Real-time encryption, in contrast, work round-the-clock, monitoring your files for suspicious behavior and traffic. These security systems are also equipped to send alerts within seconds of discovering an attack.
In addition, they can help your cybersecurity team identify the target of the breach, making it easy to determine the files that require recovery. So, you can react immediately to prevent a full-blown breach and reclaim any lost data.
The heightened cyber resilience these tools provide can protect your firm from business disruption, significant financial losses, and reputation damage.
Conclusion
Ransomware is one of the most significant threats facing businesses today. More and more firms are falling victim to malicious actors, with financial losses running into billions. With the increase in ransomware attacks, there’s a need to invest in robust systems to safeguard your database.
Real-time encryption detection is currently the most effective strategy to minimize the risk of a breach in your company. You can significantly improve your ransomware identification, response, and recovery time with real-time detection in your cybersecurity infrastructure.
