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Ransomware Study: Two Thirds of Security Professionals Believe Ransomware and Terrorism Threats are EqualVenafi®, the inventor and leading provider of machine identity management, today announced the findings of a global survey of more than 1,500 IT security decision makers that reveals that almost two-thirds (60%) of security almost two-thirds (60%) believe ransomware threats should be prioritized at the same level as terrorism. These opinions echo the U.S. Department of Justice, which raised the threat level of ransomware following the Colonial Pipeline attack earlier this year. The study also found that less than one-third of respondents have implemented basic security controls that break the ransomware kill chain. Other key findings include:
The study shows that most organizations are not using security controls that break the ransomware kill chain early in the attack cycle. Many ransomware attacks start with phishing emails that include a malicious attachment-but just 21% restrict the execution of all macros within Microsoft Office documents. Less than a fifth (18%) of companies restrict the use of PowerShell using group policy, and only 28% require all software to be digitally signed by their organization before employees are allowed to execute it. For more information, please read the report or visit the blog. About the research Conducted by Sapio Research, Venafi's survey evacuated the opinions of 1,506 IT security officers across the U.K., Australia, France, Germany, Benelux and the U.S. About Venafi Venafi is the cybersecurity market leader in machine identity management, securing machine-to-machine connections and communications. Venafi protects machine identity types by orchestrating cryptographic keys and digital certificates for SSL/TLS, SSH, code signing, mobile and IoT. Venafi provides global visibility of machine identities and the risks associated with them for the extended enterprise-on premises, mobile, virtual, cloud and IoT-at machine speed and scale. Venafi puts this intelligence into action with automated remediation that reduces the security and availability risks connected with weak or compromised machine identities while safeguarding the flow of information to trusted machines and preventing communication with machines that are not trusted. With over 30 patents, Venafi delivers innovative solutions for the world's most demanding, security-conscious Global 5000 organizations and government agencies, including the top five U.S. health insurers; the top five U.S. airlines; the top four credit card issuers; three out of the top four accounting and consulting firms; four of the top five U.S. retailers; and the top four banks in each of the following countries: the U.S., the U.K., Australia and South Africa.
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