www.masergy.com Open in urlscan Pro
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EDR: THE SINGLE BEST PROTECTION AGAINST RANSOMWARE




By Trevor Parks|May 11, 2021|7:30 am CDT

No matter how much you educate employees on cybersecurity risks and trust them
to protect their devices and endpoints, ransomware attack methods are
continuously evolving, and endpoint deficiencies are often the primary reason
organizations fall victim to ransomware attacks. Here I explore why advanced
Endpoint Detection and Response (EDR) is the best medicine for ransomware, what
to look for, and how companies have used it to fight and win against some of the
biggest attacks over the past two years.


RANSOMWARE: COSTING COMPANIES THE ULTIMATE PRICE

Ransomware at its most basic level is a form of malware that encrypts files on
both user endpoints and servers, making them inaccessible until they are
decrypted. Attackers aren’t always looking for your specific data, but simply
the ability to disrupt your business operations. They know that it’s often
easier and cheaper for IT leaders and their companies to pay the ransom in order
to restore day-to-day operations than try to recover from the attack on their
own.

Ransomware attacks on business have been incrementally increasing by at least
148% year over year and even more when you look at specific industries. This is
a serious and rising threat to all businesses of all shapes and sizes, including
both public and private companies. Ransomware is exploding, because it is easier
than ever for bad actors to start a lucrative business in it. For example,
ransomware-as-a-service tools offer upgraded infrastructures that are more
scalable and simple to use, increasing the ability to target victims.

Most attacks are strategic in nature, with the vast majority of them occurring
on the weekends and/or overnight using a “logic bomb” to do the most damage.
Logic bombs harvest company data on the network and lock users out of the entire
environment. With no one able to access the corporate network, an attack can
easily take a company offline for 5 to 10 days and cost millions of dollars in
lost productivity and damages. Insurance doesn’t help in these scenarios either,
making bankruptcy another plausible result.

Companies are ill prepared to both prevent ransomware and reactively handle it.
The questions Masergy receives from our partners and customers, reveal just how
difficult ransomware challenges can be:

 * We were hit with a ransomware attack. What can I do about it?
 * How can we be more proactive with ransomware protection?
 * We know we need to protect our endpoints, but we can’t see what is really
   happening on them. Can you help?
 * We have an endpoint product, but we continue to get hit with malware and
   ransomware. Is there a better option?


RANSOMWARE: WHY EDR IS THE SINGLE BEST PROTECTION

WIth bad actors now acting more strategically versus only opportunistically,
there is only one security solution that makes a successful ransomware attack
virtually impossible and keeps up with the current ransomware evolution:
advanced EDR combined with 24/7 SOC monitoring for incident response and
remediation. The best way a company can defend themselves is to establish an EDR
that takes your cyber security beyond standard signature-based antivirus and
threat detection methods–which have little to no chance in helping you fight
against the sophisticated ransomware attacks today.

Time is not on your side when responding to an attack, which is why technology
alone is not enough. EDR tools must be paired with 24/7 security monitoring and
response services in order to stop these compromises in their tracks. Certified
security analysts working in the SOC are needed to watch over and protect
endpoints while everyone is sleeping.


ADVANCED EDR: HOW TO IDENTIFY THE BEST SOLUTIONS

It’s important to note that not all EDR solutions are created equal. The most
effective EDR tools are ones that get visibility into both local and remote
endpoints and server assets while including advanced algorithms to detect and
contain ransomware which also have the ability to mitigate an attack once it has
occurred.

Key features of an advanced EDR solution

 * AI or machine learning to detect previously unknown “zero-day” attacks
 * Fileless attack protection
 * Automated remediation and roll back capabilities
 * Real-time host quarantine
 * USB port blocking
 * 24/7 MDR monitoring services
 * Integrated threat hunting and forensics


RANSOMWARE SUCCESS STORIES

Organizations using advanced EDR solutions were not susceptible to the
recent Solar Winds supply chain attack (Sunburst). More recently, organizations
using advanced EDR tools were able to mitigate and stop the proliferation of the
zero day ProxyLogon attack (Halfnium) against Microsoft Exchange Server, an
attack that impacted over 100,000 servers worldwide. That attack was weaponized
by multiple ransomware operations and used to encrypt servers inside company
networks. As ransomware surges, EDR is proving to be the single best protection
against attacks.

 * Get the complete introduction to EDR
 * Learn about Masergy’s EDR solutions

 


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