ShieldX’s CISO Guide to Ransomware Prevention in the Data Center

  • By Elizabeth Radziul
  • in
  • on April 2, 2020

Among the most dire consequences of a successful cyber exploit are ransomware attacks. Costs for dealing with ransomware average out to tens of thousands of dollars, with the price tag presently doubling every quarter. State and local governments—often with underfunded network infrastructures—find themselves less prepared to resist ransom demands and are paying an average of $338,700, according to ransomware consultancy Coveware.

These public sector attacks offer a window into the methods and risks of ransomware attacks, as these are often more openly covered in the media. There are, unfortunately, plenty of them to look at, with 53 attacks targeting state and local governments in 2018, according to a report from threat-intelligence firm Recorded Future. 2019 is tracking to be well above that figure.

Click here for the full guide

Leave a Reply

PUBLISHED BY Elizabeth Radziul

View all posts by Elizabeth Radziul

Related Posts

#MillenniumLive , Podcast

#MillenniumLive on The Life and Leadership Series with Alex Sobol

This week on #MillenniumLive we’re going back to revisit some great conversations that Millennium’s Co-founder, Alex Sobol has had with our distinguished guests that have been on the Life & Leadership series thus far. More episodes with Alex and featured guests are coming soon, so be sure to subscribe to or follow our podcast on Spotify, […]

Retail

Using an Omnichannel Strategy to Drive Longterm Engagement and Increase Sales

Contributed by Slickdeals Business Goals Behind Black Friday and Cyber Monday, Walmart sees the bulk of its annual revenue from one of the biggest shopping events of the year: Back to School. Their goal for the 2020 Back to School event was to maintain profit margin and drive bottom line sales. They partnered with Slickdeals […]

CISO

Botnet Attacks on the Rise: Companies to Invest Heavily in API Security

Recently, companies are beginning to shift to the use of the cloud and expose functionality via Application Programming Interfaces (APIs). Cybercriminals have been taking this new exposed entry to their advantage as new technologies often lack the proper security. With APIs becoming more commonly used in companies, cybercriminals have been using Botnets to carry out […]

CMO , Retail

How Businesses Can Begin to Change the Conversation

Contributed by [24]7.ai Over the years, we’ve spoken with countless businesses across multiple industries. And every time we strike up a conversation, we ask a lot of questions, because we’re constantly on the lookout for new ways we can use technology to improve the customer experience. During these conversations, however, we began to notice a […]

Lovin’ Digital Diary?

Premium content to our readers interested in all things business.

Check Us Out!

Millennium Membership offers Fortune 1000 C-Level executives, leading public sector/government officials, and thought leaders across a variety of disciplines unique and exclusive opportunities to meet their peers, understand industry developments, and receive introductions to new technology and service advancements to help grow their career and overall company value.

About Millenium Alliance Next

About Digital Diary

Created to provide premium content to our readers interested in all things business.

Launched in 2017, Digital Diary was created to provide premium content to our readers interested in all things business. With our blogs catered to deliver the top news stories, trends, and interviews from across all industries.

Read all story Next

Millennium Alliance Membership

Learn More Next

What does it mean to be a Millennium Member? In the midst of the constant disruption across all industries, our members are given the tools they need to digitally transform their organizations and become the best leaders they can be. Millennium Members are provided the exclusive opportunity to attend our 40+ intimate in person and virtual Assemblies, take part in industry-leading Executive Education sessions conducted by the nation’s leading academic institutions, business leaders, and technology providers and receive industry leading content through our Digital Diary Platform as well as the rapidly growing #MillenniumLive Podcast Series.