IronWeave inoculates you against Ransomware
The Ransomware Threat
Ransomware is malicious software that sneaks into your computers and digital systems, then locks your data (by encrypting it), leaving those systems - and any others that rely on them - unusable. The attackers who send the malicious software then demand a ransom to unlock your data, and your systems, to let you have access again.
The reason ransomware is such a threat is because our entire commerce system, our infrastructure, and nearly every business depends on data and computer systems to operate. That data may be sensitive, such as customer information, health records, medical devices, business secrets, utilities, or physical world sensors and machines that keep us healthy, safe, or protected.
The average cost to fix a data breach is $3.92 million. Ransomware alone cost businesses $20 billion in 2020, and there are thousands of new breaches – big and small – every day, targeting everything from utilities and oil pipelines, to technology providers and hospitals.
The reason ransomware is such a threat is because our entire commerce system, our infrastructure, and nearly every business depends on data and computer systems to operate. That data may be sensitive, such as customer information, health records, medical devices, business secrets, utilities, or physical world sensors and machines that keep us healthy, safe, or protected.
The average cost to fix a data breach is $3.92 million. Ransomware alone cost businesses $20 billion in 2020, and there are thousands of new breaches – big and small – every day, targeting everything from utilities and oil pipelines, to technology providers and hospitals.
But the threat doesn't stop there
But the threat doesn't stop with the ransom demand. Nearly any business, organization, government, industry, or infrastructure system could sustain massive losses in uncaptured business, and exorbitant related costs from the damage caused by a ransomware attack, beyond the ransom paid.
Imagine a critical hospital system being captured by ransomware, and because other systems rely on it, the entire hospital going offline for days, weeks, or even longer. Or imagine the same for an energy grid, a water supply, or your bank. Ransomware is an dire, expanding threat that’s getting worse as hackers become more emboldened by their continued success.
Imagine a critical hospital system being captured by ransomware, and because other systems rely on it, the entire hospital going offline for days, weeks, or even longer. Or imagine the same for an energy grid, a water supply, or your bank. Ransomware is an dire, expanding threat that’s getting worse as hackers become more emboldened by their continued success.
Who does Ransomware target?
The Ransomware Target
Cyber criminals using ransomware target businesses and individuals of any size, type, and from all industries. Much like a pandemic virus, ransomware is indiscriminate in who it infects, and once it gains a foothold, expands and multiplies to others to do the most damage.
Ransomware targets anyone those hackers can exploit. Unfortunately such targets include you, your organization, your online data, and the utilities and services where you live.
Ransomware targets anyone those hackers can exploit. Unfortunately such targets include you, your organization, your online data, and the utilities and services where you live.
The target — your data and your reputation
But it doesn’t stop there.
Ransomware gains access to your data and its contents, so your partner data, sensitive customer information, and employee information means a single ransomware attack extends to anyone you interact with. As such, the damage of a ransomware attack doesn’t end with you. The damage and clean-up affects anyone you interact with digitally. And the damage isn’t just data or the ransom you pay; it extends to your reputation, your security, and your effectiveness as a business.
Ransomware gains access to your data and its contents, so your partner data, sensitive customer information, and employee information means a single ransomware attack extends to anyone you interact with. As such, the damage of a ransomware attack doesn’t end with you. The damage and clean-up affects anyone you interact with digitally. And the damage isn’t just data or the ransom you pay; it extends to your reputation, your security, and your effectiveness as a business.
How does IronWeave stop Ransomware when others cannot?
The Complete Cure
Ransomware operates by encrypting your data, which changes and then locks your original data, scrambling it in a way only the attackers can unscramble. Many organizations have large amounts of data, of different types and for different uses, spanning multiple interconnected systems. Such systems can be information technology systems (IT) for managing and manipulating digital data an access, or operations technology systems (OT) responsible for digitally controlling physical infrastructure and processes.
When you create your data using IronWeave, that data is always encrypted against hackers and is read-only, protected with at least one fingerprint (a hash) that uniquely identifies the data and ensures it cannot be altered or rewritten. Any data created and stored with IronWeave cannot be changed – it is immutable – which also means ransomware cannot scramble it.
When you create your data using IronWeave, that data is always encrypted against hackers and is read-only, protected with at least one fingerprint (a hash) that uniquely identifies the data and ensures it cannot be altered or rewritten. Any data created and stored with IronWeave cannot be changed – it is immutable – which also means ransomware cannot scramble it.
Use Cases
In addition to IronWeave data being immutable, IronWeave automatically creates multiple duplicates of each block of data, sending it to various secure and geographically dispersed locations. So even if hackers were able to somehow break your data, or render your data unusable either digitally or physically, with IronWeave we can simply reconstitute your data from one of IronWeave’s multiple secure locations.
IronWeave stops ransomware because IronWeave data cannot be changed or scrambled, and even in the unlikely event of a copy getting destroyed – by ransomware, or fire, or careless employees – you can restore that data from one of many other IronWeave copies held in multiple locations.
Most other ransomware solutions attempt to keep out intruders, or alert you – hopefully soon enough – once they’re in. But any such type of border, physical or digital, is always subject to leaks or faulty patches, outdated guardians, unknown tunnels, or new lock-picks. With IronWeave, not only do we detect intruders, we ensure that their target – your data – is inherently secure and unalterable, with backups beyond their reach.
Using IronWeave not only protects you against ransomware, it makes you an undesirable target in the first place.
IronWeave stops ransomware because IronWeave data cannot be changed or scrambled, and even in the unlikely event of a copy getting destroyed – by ransomware, or fire, or careless employees – you can restore that data from one of many other IronWeave copies held in multiple locations.
Most other ransomware solutions attempt to keep out intruders, or alert you – hopefully soon enough – once they’re in. But any such type of border, physical or digital, is always subject to leaks or faulty patches, outdated guardians, unknown tunnels, or new lock-picks. With IronWeave, not only do we detect intruders, we ensure that their target – your data – is inherently secure and unalterable, with backups beyond their reach.
Using IronWeave not only protects you against ransomware, it makes you an undesirable target in the first place.
How IronWeave can protect your organization
Protect + Modernize
IronWeave can adapt to any existing software system, on any platform, using any modern programming language. In addition to having our collection of data patterns for enterprise software and solutions, IronWeave has a rich set of APIs that can be used to protect any business, infrastructure, or government system. If you use data, IronWeave can protect it – and your organization – against ransomware.
You can use IronWeave in selected systems, or in many – it’s up to you. You can do a small incremental integration with IronWeave, for a selected and sensitive portion of your software infrastructure. Maybe you have 10 different systems, all of which interact, but only one is highly sensitive or critical. You could use IronWeave for that single critical system, and it will still interact with the others as before, just more securely, redundantly, and immutably.
You can use IronWeave in selected systems, or in many – it’s up to you. You can do a small incremental integration with IronWeave, for a selected and sensitive portion of your software infrastructure. Maybe you have 10 different systems, all of which interact, but only one is highly sensitive or critical. You could use IronWeave for that single critical system, and it will still interact with the others as before, just more securely, redundantly, and immutably.
How to get started
IronWeave can protect your organization against ransomware, without replacing your existing systems or processes.
IronWeave is a robust and secure platform, with built-in IoT integration and many capabilities that modernize digital approaches to data and real-time interactions. So you might find that in addition to iron-clad ransomware protection, IronWeave’s many capabilities can also streamline your business and help it run smoother, leading you to update and modernize your other systems with IronWeave. But you don’t have to, and it doesn’t have to be done all at once.
You can start with using IronWeave to protect your organization against ransomware. You can then decide whether to modernize other systems, your business partnerships, or your internal processes, as the IronWeave additional benefits bring value and efficiencies to your business.
IronWeave is a robust and secure platform, with built-in IoT integration and many capabilities that modernize digital approaches to data and real-time interactions. So you might find that in addition to iron-clad ransomware protection, IronWeave’s many capabilities can also streamline your business and help it run smoother, leading you to update and modernize your other systems with IronWeave. But you don’t have to, and it doesn’t have to be done all at once.
You can start with using IronWeave to protect your organization against ransomware. You can then decide whether to modernize other systems, your business partnerships, or your internal processes, as the IronWeave additional benefits bring value and efficiencies to your business.
