Building Resistant Companies

Building Resistant Companies

Ransomware is on the rise, and in recent years has become one of the biggest headaches for IT departments in both large and small organizations. With 90 million attacks worldwide in 2016, and more than 180 million attacks expected for 2017, the million-dollar question is: how do we face these attacks? At Panda Security and Deloitte EMEA, we have no doubt about the matter — corporations can protect themselves by building their resistance.

The right approach and continuous response capabilities

Our new aim is to face the challenge conjointly, both structurally and in terms of the methodologies used by Panda Security and Deloitte EMEA. Increasingly aware of traditional security solutions’ shortcomings, namely their inability to handle attacks that use advanced techniques, such as those that use non-malicious tools, we made the decision to be proactive and reinvent cybersecurity.

How will we do this? With an advanced solution based on situational analysis:

  • Attackers are now more efficient than ever before. While attackers are able to compromise systems in just minutes or hours, businesses often take months or even years to react.
  • They attack the endpoint because it is from there that they can access other targets, exfiltrate information, steal credentials, or deploy other attacks.
  • The lack of resources and competence at companies is evidences by the statistic that hardly 4% of security alerts are investigated.

And we will also be watching the challenges that our clients face:

  • The availability of ransomware-as-a-service
  • Negative economic and reputational side effects
  • Data and productivity loss
  • Data protection initiatives in light of the GDPR

The result? A cyberintelligence platform that categorizes and correlates all of the data obtained about cyberthreats to carry out Prevention, Deteciton, Response, and Remediation tasks, combined with attack area reduction services rendered by Adapted Defense.

Panda and Deloitte: an anti-ransomware alliance

Recent events have proven the strength of a security model that has the answers to client’s needs:

  • Deloitte EMEA, invulnerable to the latest security breaches: this past week, we’ve learned that unknown actors allegedly had access to Deloitte USA’s email for months, with no major setbacks. However, the European branch, protected by Adaptive Defense, was unaffected by the cyberattack.
  • The major ransomware attacks of the year: both the WannaCry ransomware, which affected more than 150 countries and carried with it losses reaching up to 4 billion dollars, and the subsequent Petya/GoldenEye attacks, never reached a single Adaptive Defense user who had lock mode activated.

Governments and large public and private companies are betting on this strategy, making Adaptive Defense the best-selling security solution in the history of Panda Security, with a global market share of over 22% in EDR solutions. Multinationals in all types of strategic sectors (financial, telecommunications, military, energy, etc.) rely on Panda Security to protect their systems with Adaptive Defense.