Trend Micro warns customers of rising ransomware attacks

Trend Micro said in a press statement that it has taken a holistic approach to helping customers defend against ransomware, and is delivering the following protecting features:

- Ransomware Readiness Assessment that helps businesses of all sizes understand vulnerabilities in their security posture, and provides concrete actions they can take

- Ransomware Removal Tools that help both consumers and businesses that have been impacted by ransomware recover their data

- Product Enhancements to bolster ransomware protection across four key layers of security, and provide enterprise-wide visibility of ransomware

“Trend Micro is actively assessing the threat of ransomware and acting to protect against it,” saidPiyatida Tantrakul, Country Manager, Trend Micro (Thailand). 

“We understand this pervasive form of cyberattack can be debilitating to enterprises, regardless of size or industry, and can cause grave amounts of stress and costs to consumers. Trend Micro business and consumer products have been tuned to deliver the best protection against ransomware. Our ransomware recovery tools leverage the threat expertise within Trend Micro to deliver always-on support and help customers to prepare for the possibility of an attack, or quickly if they’ve already been hit.”

Trend Micro said when it comes to ransomware protection; it requires a holistic approach and Trend Micro delivers ransomware protection across 4 key layers:

- Email: Trend Micro delivers deeper inspection than traditional email gateways for both on premise and cloud-based email, such as Microsoft Office 365. This detects and blocks spear phishing emails and attachments or URLs that carry ransomware – the most common way ransomware infects an organization.

- Endpoint: Trend Micro delivers a full range of next-gen endpoint protection capabilities to detect and block ransomware, including the shielding of unpatched vulnerabilities, application control, and behavior monitoring to keep an eye out for suspicious activity such as encryption of multiple files, with the ability to halt encryption in its tracks and isolate the infected endpoint. 

- Network: Trend Micro continually monitors the enterprise network with advanced detection capabilities and custom sandboxing across all traffic, ports and protocols to stop ransomware from infiltrating and spreading. 

- Server: Trend Micro protects servers, whether physical, virtual or in the cloud, with suspicious activity detection and prevention, vulnerability shielding to stop ransomware from exploiting known server software vulnerabilities and lateral movement detection to prevent ransomware from spreading to other servers.

“Trend Micro is now taking their industry leadership to a new level by offering stronger solutions to combat ransomware,” said John Dickson, Director of IT Infrastructure, RNDC. “Offering an all-inclusive solution to any enterprise customer or consumer dealing with ransomware along with upgrades to existing products will help further protect their customers in this global, digital age.”

Trend Micro delivers enhanced central visibility of how ransomware is impacting an organization – identifying ransomware delivered through email, malicious URLs, a network breach or server compromise. This enables incidents to be more rapidly investigated and resolved, and enables ransomware trends to be tracked over time so that an organization’s overall security posture can be improved, the statement said.

“The bottom line is that it’s more important the ever to have a multi-layered approach to security for enterprises,” said Doug Cahill, senior analyst covering cybersecurity at ESG. “Trend Micro offers an extensive set of security controls to protect enterprises from ransomware providing the visibility required to understand how they are being impacted and how they can respond to improve their security posture. Their knowledge of the complexity and sophistication of ransomware brings a level of expertise that helps organizations mitigate the risk associated with this pervasive threat.”