Combating hacking techniques: How to defend against DDoS, ransomware, and cryptojacking

The COVID-19 pandemic has dealt both individuals and businesses a major blow. We've all been left vulnerable to something that we can't see but has a destructive effect on our lives and livelihoods.

While healthcare professionals are in the direct line of fire, the fight against this pandemic is a collective effort. This is because of the ripple effect the pandemic has.

We're not only battling a biological threat but also a rise in digital threats. Hackers around the world are leveraging the uncertainty around the pandemic and the loopholes in the sudden shift to remote work to launch various attacks. Numerous organizations around the globe have already fallen victim to cyberattacks and have suffered disruptions in business operations.

Take a look at some of these worrying stats:

  • Q1 of 2020 has seen a 542% jump in distributed denial-of-service (DDoS) attacks when compared to Q4 of 2019. (1)
  • According to the Threat Landscape Trends report for Q2 2020, by US cyber-security vendor Symantec, cryptojacking saw a 163% increase in detections, compared to previous quarters. (2)

According to a survey by NinjaRMM, 35% of organizations indicate that ransomware attacks resulted in up to $5 million in damages. (3)

In a crisis like this, organizations have to take the necessary measures to protect against security breaches.

We created this e-book to educate and create awareness about the security threats and major cyberattacks that are plaguing businesses right now. Our objective is to dissect three popular attacks - DDoS, cryptojacking, and ransomware - and provide tips on ramping up your organization's security defenses. After reading this e-book, you should also have a clear idea about the threats these three attacks can cause to your business.

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