Netskope expands threat protection

With cyber criminals collecting $209 million in the first three months of 2016, ransomware is on track to become a $1 billion crime this year. According to the September 2016 Netskope Cloud Report, 43.7 per cent of detected types of malware are common delivery methods for ransomware, including Javascript exploits and droppers and Microsoft Office macros.

Many users can unknowingly spread ransomware through the sync and share mechanisms present in the cloud storage services they use. As most cloud services have many connected endpoints which users rely on to sync, share and collaborate on content, the spread of ransomware throughout an organisation in a short period of time becomes very easy, creating a dangerous attack fan-out effect. Leading enterprise cloud storage services have integrated versioning capabilities to facilitate collaboration and protect data. Netskope Threat Protection uses these versioning capabilities in its ransomware recovery capabilities by incorporating an integrated workflow to recover files to earlier, unaffected versions.

“The cloud provides great opportunities for increased productivity through collaboration and sharing, but organisations need to consider myriad risks as they move to the cloud. In the case of ransomware, the versioning capabilities in some cloud services can provide powerful protection when coupled with our new ransomware detection and recovery capabilities,” said Sanjay Beri, founder and CEO, Netskope. “This underscores our belief that the ongoing shift to the cloud will continue to accelerate as more organisations realise the benefits of the cloud without compromising security.”