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Digital Journal: Effective Data Backups can Provide Ransomware Protection

On June 30, 2022, NetSPI Head of Strategic Solutions Florindo Gallicchio was featured in Solutions Review in an article called Effective Data Backups Can Provide Ransomware Protection. Read the preview below or view it online.

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To understand the key aspects of data capture, preservation and backup, Digital Journal caught up with Florindo Gallicchio, Managing Director, Head of Strategic Solutions at NetSPI.

According to Gallicchio now is the “time to acknowledge how critical data backup has become, especially since many ransomware strains attempt to delete backup files, as we witnessed with Ryuk.”

Ryuk is a type of ransomware used in targeted attacks, where the threat actors make sure that essential files are encrypted. It is especially directed towards larger business units. Ryuk ransomware is derived primarily from the popular Hermes commodity ransomware that has been widely available on the dark web and hacker forums prior to 2018.

Gallicchio says there are two key focal points that need to be understood within the corporate world. These are defined as: “Most businesses are faced with two significant risks when it comes to backups: the theft and public disclosure of sensitive data, and the disruption of critical business functions. If either of these risks occur, organizations could endure devastating consequences. To make sure that doesn’t happen, organizations need to proactively put strategies in place to bolster protection against these threat actors.”

Read the full article online.