Wednesday, August 1, 2018

Cryptocurrency and practicing what you preach

As they say, "no negotiations with terrorist" or is it harder to say ,"will not pay ransomware"

 

While this study stated approx. 75% of CISOs stockpiling cryptocurrency and 79% have paid ransomware, I don't find that number to be anywhere near as high with industry peers (in this geographical vicinity).


However, it's unanimous that, "CEOs agreed that IP is still the most precious asset in the enterprise" yet about 33% of CEO click on links and 59% download software. In addition, about 70% of IT and business leaders state"losing all corporate data held on endpoint devices could be business-destroying or seriously disruptive."


And, we already know breaches are on the rise and this study says, "Sixty-one percent of CISOs and 53 percent of CEOs said their company had already experienced a breach in the last 18 months"


So, the industry has shifted from detection to prevention to recovery-driven security...assuming you know and can see what you're protection!

 

https://healthitsecurity.com/news/cisos-stockpile-cryptocurrency-in-case-of-ransomware-attack