BERKELEY, Calif., Dec. 6, 2022 /PRNewswire/ — In a report launched right this moment, The Cambridge Centre for Threat Research (CCRS) and Kivu Consulting, Inc. have mixed efforts to analysis and benchmark cost-effective responses to cybercrime. The analysis report, MITIGATING RANSOMWARE RISK: DETERMINING OPTIMAL STRATEGIES FOR BUSINESSES, assesses the threats posed by ransomware, critiques traits in ransom calls for and funds, highlights the effectiveness of controls, and ranks probably the most pervasive ransomware when it comes to each frequency and severity.
“Leveraging Kivu’s evidence-based knowledge set from +8 years of expertise, this analysis partnership with CCRS is designed to quantify the worth of particular cybersecurity defenses and join it with the corporate’s backside line,” stated Winston Krone, Co-Founder and Chief Analysis Officer at Kivu.
“Incident responders like Kivu play a vital position in assault administration and ransom negotiation and thus have entry to a wealthy dataset. That is the primary examine analyzing real-world occasion knowledge which can higher inform a extra strategic strategy to cybersecurity threat administration,” stated Jen Copic, Senior Threat Researcher, Centre for Threat Research.
*Key takeaways:
- The worldwide dataset offers an mixture, real-world view of 422 assaults carried out on 416 organisations.
- Industrials is probably the most impacted sector within the dataset, pushed by a lot of occasions focusing on capital items manufacturing companies {and professional} companies companies.
- 84% of the ransom occasions occurred within the Americas.
- A ransom was paid 72% of the time as noticed on this dataset.
- 94% of the ransomware variants settle for negotiation on their pricing.
To obtain the paper and join upcoming webinars, please go to: https://kivuconsulting.com/mitigating-ransomware-risk/
About CCRS:
- The Cambridge Centre for Threat Research relies throughout the College of Cambridge Choose Enterprise College. The Centre works carefully with enterprise companions in tackling complicated problems with administration science in threat.
About Kivu:
Kivu is a number one world cybersecurity agency that gives a full suite of cybersecurity companies, together with forensic investigation of, and restoration from, all types of cyberattacks, steady monitoring/detection/blocking of cyber threats, and technique/compliance and testing. Kivu is an authorized and trusted cybersecurity accomplice by 60+ insurance coverage carriers and delivers its companies to organizations in all industries.
SOURCE Kivu Consulting
