Meet Us at Gartner® Security & Risk Management Summit | 10-11 March 2025 | Grand Hyatt, Mumbai | Booth 319
Meet us at Gartner® Security & Risk Management Summit  | 10-11 March 2025 | Grand Hyatt, Mumbai | Booth 319
Endpoint Privilege Management

Against Ransomware

Secure Your Endpoints, Simplify Operations

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Ransomware Means Serious Stakes

Ransomware, or extortion of some form, is identified as one of the top threats across 92% of industries. Attackers utilize various methods, including exploiting software vulnerabilities and phishing tactics to access systems and encrypt critical data. Once inside, they often deploy extortion techniques, such as data exfiltration and threats of public exposure, to pressure victims into paying ransom. The rapid spread of ransomware, fuelled by the availability of malware kits and the exploitation of vulnerabilities in remote work environments, intensifies its threat.

Ransomware attacks can have a significant impact on customer trust. More than 60% of victims report losing at least one customer, and 38% state that multiple clients were lost due to the reputational damage caused by such attacks. The long-term effects can be devastating, leading to a decline in customer loyalty and potential long-lasting harm to a company’s reputation, which can severely affect its bottom line and market position.

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Importance of endpoint security in cybersecurity

Endpoints such as laptops and desktops are the primary entry points for ransomware attacks. Cybercriminals often exploit vulnerabilities in these devices through phishing emails, malicious downloads, or unpatched software to gain access to networks. Once an endpoint is compromised, ransomware can spread quickly, encrypting critical data and demanding a ransom. Due to the widespread use of endpoints in daily business operations, they remain a key target for attackers, making endpoint security a crucial component in preventing ransomware breaches.

As organizations grow and increasingly rely on third-party vendors and remote workforces, the risks associated with endpoints are escalating. Third-party access to company networks—often through personal devices or external systems—can introduce vulnerabilities that cybercriminals can exploit. With a larger, more diverse workforce, it becomes challenging to maintain consistent security across all endpoints, especially when third parties may not adhere to the same stringent security practices as the organization itself. This expanding attack surface heightens the risk of ransomware and other cyber threats, making third-party risk management essential for safeguarding sensitive data and systems.

The modern workforce is increasingly working from home driven by the flexibility and convenience remote work offers. 92% of organizations have employees who work from home at least some of the time. This shift has transformed traditional office environments, with many organizations adopting hybrid or fully remote models. Employees now access company systems and data from various locations, using personal devices and home networks, which can introduce security challenges.

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How to defend against ransomware with endpoint security?

Securing endpoints is critical to a robust ransomware protection strategy, as endpoints are often the primary targets for ransomware to exploit. This cluttered landscape can make it challenging for businesses to identify the most effective tools for their specific needs, leading to confusion over which security measures to prioritize. Companies need to navigate decisions on endpoint protection, network monitoring, data backup, and incident response strategies, making it difficult to implement a comprehensive and integrated defense.

A layered approach to endpoint protection is essential to defend against a wide range of attack vectors, including phishing, credential harvesting, and software vulnerabilities. However, the endpoint protection market is highly fragmented, with numerous vendors offering a variety of solutions.

This report aims to address this problem by providing a holistic endpoint security strategy to prevent against ransomware.

Let’s dive into the ransomware stages and address them with relevant protection strategies

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Ransomware attack prevention strategies

Step 1: Reconnaissance

Attackers gather information about potential targets, assessing their vulnerabilities, and the value of their data. To effectively counter the reconnaissance stage of ransomware attacks, the solutions below must be implemented, each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the reconnaissance phase:

In this stage, attackers enter the target’s network through various methods such as phishing emails and exploiting software vulnerabilities. To effectively counter Initial Access stage of ransomware attacks, the solutions below must be implemented, each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the Initial Access phase:

After initial access, attackers establish a foothold within the network to maintain long-term access. This may involve creating backdoors. To effectively counter the persistence stage of a ransomware attack, the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the persistence phase:

Attackers explore the compromised network to identify valuable data and systems. This phase often involves lateral movement, where they navigate through the network to infect additional devices and escalate their privileges, often using stolen credentials. To effectively counter the Discovery and Lateral Movement stage of the ransomware attack the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the Discovery and lateral movement phase:

Before encrypting files, attackers may exfiltrate sensitive data to use as leverage during ransom negotiations. This can occur slowly over time to avoid detection. To effectively counter the Data Exfiltration stage of a ransomware attack, the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the exfiltration phase.

The core objective of the ransomware attack is realized in this stage, where attackers encrypt files on the victim’s systems using strong encryption algorithms. This renders the files inaccessible without a decryption key To effectively counter the encryption stage of a ransomware attack, the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the encryption phase:

After encryption, attackers typically leave a ransom note informing the victim of the attack and demanding payment for decryption keys. To effectively counter the Ransom note deployment stage of a ransomware attack, the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the ransom note deployment phase:

The final stage involves assessing the impact of the attack on the victim’s operations and determining whether to negotiate for ransom or seek recovery options. To effectively counter the Impact assessment stage of a ransomware attack, the solutions below must be implemented each addressing specific aspects of the threat landscape. Here is how these solutions help mitigate risks during the Impact assessment phase:

Conclusion

A layered approach to endpoint protection is essential for effectively defending against the multifaceted threats posed by ransomware attacks. This strategy integrates multiple security measures, including antivirus software, firewalls, intrusion detection systems, and endpoint detection and response (EDR) solutions, to create a comprehensive defense that addresses various vulnerabilities across an organization’s endpoints. By employing this methodology, organizations can mitigate the risk of successful cyberattacks, as each layer serves as a backup to counteract potential weaknesses in others.

Endpoint Privilege Management (EPM) plays a critical role at every stage of a ransomware attack by significantly reducing the attack surface. By enforcing strict access controls and ensuring that only authorized applications and users can perform elevated actions, EPM limits the opportunities for attackers to exploit vulnerabilities. This proactive measure not only protects against initial access methods, such as phishing and software exploitation but also helps contain any breaches that may occur, preventing lateral movement within the network. Overall, combining a layered security framework with robust EPM practices enhances an organization’s resilience against ransomware and other cyber threats, ensuring a more secure environment.