Anti-Ransomware
CyberCatch’s Innovative Anti-Ransomware Solution
Ransomware is an epidemic and victims paid over $1 billion in ransom payments in 2023, the most in history, according to Chainalysis.
And the ransomware attacks continue to mount in 2024, attacking variety of segments and organizations of all types and sizes, with a spike in the median ransom payment increasing from $200,000 in 2023 to $1.5 million mid-year in 2024.
With a typical ransomware attack, the threat actor breaks into the network, locates the data, exfiltrates it and also installs ransomware, encrypting and locking up files and systems, until a ransom payment is paid for the decryption keys.
Ransomware attacks differ from other cybersecurity threats and events, with an immediate, significant impact on business operations.
This is why ransomware risk must be top of mind and mitigated effectively.
Organizations fall into two types when it comes to ransomware risk:
- Type 1: Immature level of risk mitigation
- Type 2: Mature level of risk mitigation
For either type of organization, CyberCatch provides an innovative, highly effective Anti-Ransomware Solution.
For Type 1 organizations, who are unsure of their mitigation of and resiliency to ransomware risk, CyberCatch provides its CyberBenchmark and CyberThreatMitigator solution-set. With CyberBenchmark, an organization is able to efficiently and effectively implement critical cybersecurity controls, as prescribed in NIST IR 8374 Ransomware Risk Management Framework, to become resilient to a ransomware attack, while with CyberThreatMitigator, the organization is able to detect in real time ransomware and stop it from being successful.
NIST IR 8374 prescribes 69 controls for ransomware risk mitigation and with CyberBenchmark, an organization can easily attain compliance and risk mitigation.
Minimally, an organization should implement the top 25 controls in NIST IR 8374, as curated by CyberCatch, to attain a baseline risk mitigation level. CyberBenchmark enables the organization to quickly attain baseline safety.
CyberCatch’s AI-enabled anti-ransomware solution is unique because it focuses on ensuring the organization has all of the mission critical cybersecurity controls in place to combat ransomware and these controls will be effective when ransomware will rear its ugly head, and it is not if, but when. This is what is missing in organizations and why there is a ransomware epidemic.
For Type 2 organizations, who believe they have implemented critical controls to mitigate ransomware risk, CyberCatch provides its sophisticated Ransomware Pen Test solution-set.
With CyberXRay and other tools, coupled with a team of expert pen testers, CyberCatch performs a tailored pen test, simulating a ransomware attack, without payloads to prevent causing harm, but yet testing critical controls in place and resiliency to a real ransomware attack. This provides Type 2 organizations a true test of their maturity level.
Here are two recent CyberCatch customer success stories (identities have been omitted to protect privacy and confidentiality):
Type 1 Customer
This organization with more than 1,000 employees suffered a disruptive and harmful ransomware attack that crippled systems for several weeks. CyberCatch was engaged to eliminate control deficiencies and prevent another ransomware attack in the future. CyberCatch’s solution-set enabled identification and remediation all of the missing and ineffective controls, efficient attainment of compliance, and ongoing monitoring, detection and prevention of a recurrence of ransomware. Ransomware risk has now been mitigated effectively.
“We needed to take our cyber risk management to the next level and are extremely pleased that CyberCatch is our cybersecurity partner.” — Chief of Administration
Type 2 Customer
This organization with 100 employees and a globally recognized brand name it has built over the years engaged CyberCatch to perform a tailored pen test to test implemented controls and resiliency. CyberCatch utilized CyberXRay and other tools, coupled with a team of expert pen testers to perform a ransomware attack simulation, without payloads to prevent causing harm, and detected several control deficiencies and blind spots, and quickly assisted with remediation to mitigate ransomware risk effectively.
“CyberCatch’s expertise and guidance have been invaluable. Thank you for your partnership and support in enhancing our cybersecurity.” — Information Security Analyst
Contact us today for more information or to schedule a demo.
