Intelligent CIO LATAM Issue 35 | Page 16

LATEST INTELLIGENCE 10 WAYS A ZERO TRUST ARCHITECTURE PROTECTS AGAINST RANSOMWARE

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rRansomware is the biggest threat to digital business

While ransomware has been around for decades , its prevalence has exploded in the last few years . These attacks used to be perpetrated by individuals ; now , they ’ re launched by networked groups of affiliates who buy and sell each other ’ s specialized skills and toolkits . Attacks were once unfocused and one-dimensional ; now , they use targeted , multilayered tactics that are much harder to defend against and command much higher ransoms . Ransomware is expected to cause $ 42 billion in damages by the end of 2024 .
Arguably , the most impactful trend in modern ransomware is the advent of double-extortion attacks , in which attackers steal data and threaten to publish it in addition to encrypting it . Roughly 50 % of ransomware attacks now include attempts to exfiltrate data .
There is one underlying strategy that maximizes an organization ’ s chances at mitigating the damage a ransomware attack might cause : zero trust .
Zero trust is an approach to security that ’ s based on the notion that a breach has already occurred . Architectures , access control policies , and monitoring
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