Intelligent CIO LATAM Issue 05 | Page 40

FEATURE : MODERN WORKPLACE
Dmitry Dontov , CEO and Chief Architect of Spin Technology , considers the best ways to approach modern ransomware prevention in the modern workplace .

Ransomware attacks grew by 435 % in 2020 compared to 2019 and this increase is not expected to slow down anytime soon . To put that into perspective , ransomware attacks have outpaced the already massive growth rate for overall malware prevalence during that same period ( 358 %). And according to Cybersecurity Ventures , ransomware damages will cost the world US $ 20 billion in 2021 ( nearly 60 times the level of financial repercussions seen in 2015 ).

Over the last 12 months , the threat landscape has changed dramatically with the rise of remote workforces and the explosion of cloud services . So how can your security strategy evolve as well ? When it comes to ransomware , here are five areas to think about .

Five keys to mitigating today ’ s ransomware risks

40 INTELLIGENTCIO LATAM www . intelligentcio . com