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Tuesday, 19 September 2017 19:07

Arcserve Moves to Bankrupt Cyber Criminals; Joins Forces with Data Security Experts to Fight Ransomware

Unveils Ransomware Watch Consortium, with Infoblox, KnowBe4, Maureen Data Systems, VIPRE Security, Webroot

 

MINNEAPOLIS – The devastating impact of ransomware has magnified beyond individual organizations to the global community’s ability to keep consumer and business data safe.Arcserve, LLC, whose breakthrough data protection and availability solutions deliver enterprise power with small team simplicity, today announcedRansomware Watch, a consortium comprised of the leading innovators in data security focused on educating and equipping organizations in the fight against ransomware.
 
Arcserve, in partnership withInfoblox,KnowBe4,Maureen Data Systems,ThreatTrack (VIPRE Security), andWebroot, unveiled Ransomware Watch to arm organizations with new reports and cutting-edge interactive tools, including aransomware simulator andsystem analyzer, to quickly evaluate how “ransomware-proof” they really are. Visitors are also encouraged to sign up for breaking news alerts of new ransomware viruses.
 
“The number one lesson to be learned from recent cyber attacks, such as WannaCry and NotPetya, is that most businesses are dangerously unprepared for them. Every type and size of organization is vulnerable – in fact, research suggests a company is hit with ransomware every 40 seconds,” said Christophe Bertrand, Vice President of Product Marketing, Arcserve. “Information is the single greatest weapon in the fight against this growing threat, which is why we’ve brought together leading data security experts, irrespective of individual business objectives, to form this consortium.”
 
A Trusted, One-Stop Source to Combat Ransomware
Ransomware Watch is a new knowledge base that offers current and comprehensive tools for organizations that need help protecting and recovering their data. Through new reports and insights, visitors can learn about how ransomware works, the latest methods of attacks, whether to pay a ransom, and the most important ways to proactively defend their critical data.
“As a leader in data protection for more than 25 years, Arcserve has witnessed hundreds of businesses hit with ransomware attacks,” said Erica Antony, Vice President of Product Management, Arcserve. “It’s much easier to avoid an attack than retrieve data once an attack has begun, thus education and modern disaster avoidance technology desperately need to coexist to keep organizations safe.”
 
Understanding the Impact of Ransomware
With an annual growth rate of 350 percent, the scope and scale of ransomware attacks have risen sharply. Cybersecurity Ventures predicts that ransomware damages will exceed $5 billion in 2017 and $6 trillion by 2021. Ransomware is affecting more businesses, more often:
  • Last year, the number of attacks on businesses tripled with over 40 percent of spam emails containing malware links to ransomware— a 6,000 percent increase from 2015
  • 72 percent of companies infected with ransomware suffer two days or more without access to their files, with one third going five days or longer
  • Because of the rapid pace by which new variants are produced, 70 percent of the companies attacked have fallen victim to ransomware that bypassed security and successfully encrypted their files
Follow Ransomware Watch:@Ransomwatch  #RansomwareWatch
 
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About Arcserve
Arcserve develops breakthrough data protection and availability solutions that deliver enterprise power with small team simplicity. Launched in 1990 as a product under Cheyenne Software, Arcserve became an independent organization in 2014 and released the first solution, Arcserve Unified Data Protection (UDP), to deliver comprehensive backup and recovery across cloud, virtual and physical environments under one pane of glass. Since then, Arcserve has continuously redefined data protection, with a full range of highly efficient and integrated capabilities, deployable on-premise or in the cloud, with high availability, disaster recovery, backup and recovery, and data archiving. Arcserve has a customer base of 45,000 end users in more than 150 countries and partners with over 7,500 distributors, resellers and service providers around the world. It is headquartered in Minneapolis, Minnesota. Visitwww.arcserve.com.