Recent attack on Kenya Airways is a fresh reminder of the need for vigilance and adequate preparation.
The ransomware attack on Kenya Airways is a fresh reminder of how vulnerable organisations are to cyber criminals.
Recent research undertaken by cybersecurity experts Check Point Software indicates that 71% of organizations globally have found themselves victim to ransomware attacks with the financial fallout averaging a hefty US$4.35 million per breach. In 2023 one in every 11 organisations in South Africa alone suffered a ransomware attack attempt.
“Ransomware isn’t just a low-risk intrusion into business systems; it’s a predator holding vital data hostage and demanding a ransom for its release. The repercussions extend far beyond mere inconvenience. Financial hemorrhage is just the start—operational paralysis, compromised customer trust, and long-term reputational damage are the real specters haunting businesses post-attack,” said Check Point’s Country Manager East Africa John Paul Onyango.
“Addressing this challenge requires more than reactive measures; it necessitates a proactive, layered defense strategy. This includes deploying advanced technology and cultivating a cybersecurity-aware culture, aimed at thwarting and neutralizing ransomware tactics.
The battle against ransomware isn’t just about deploying the right tools; it’s also about cultivating the right habits. Prevention, in the cyber world, is a mix of vigilance, education and strategic foresight,” Onyango adds.
Onyango outlines the following best practice for ransomware protection.
Cyber awareness training
Train your workforce in cyber security basics, including phishing recognition and password security. To ensure your team remains alert and prepared, it’s vital to keep them updated with the latest developments in cybersecurity threats.
Regular data backups
Implement routine, encrypted backups of key data as a fail-safe. Ensure these backups are tested regularly for reliability and effective restoration.
System patching
Maintain a disciplined regimen of system updates, focusing on security patches to protect against vulnerabilities. Continually enhance your patch management process.
Robust endpoint protection
Employ sophisticated antivirus and antimalware programs like the Check Point suite to ensure ongoing, real-time surveillance and detection of potential threats. Keep these solutions updated to tackle new ransomware and cybersecurity threats.
Parting thoughts
As ransomware evolves into more sophisticated forms, protecting your organization is not just a necessity, it’s a responsibility. Check Point’s whitepaper offers a deep dive into advanced strategies and solutions to shield your network, endpoints, mobile and web browsers, email and collaboration tools. It’s an invaluable resource for CISOs and security teams committed to staying ahead of cyberthreats.
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