Mandiant Helps Organizations Measure Their Ability to Prevent Specific Ransomware Attacks

Rhea-AI Summary

Mandiant, Inc. (NASDAQ: MNDT) has launched the Ransomware Defense Validation within its Mandiant Advantage platform. This innovative tool aims to enhance organizations' preparedness against ransomware attacks, which have surged, doubling in activity from 2019 to 2021. The platform utilizes Mandiant's extensive threat intelligence and automated validation to help security leaders assess their defenses against major ransomware families like CONTI and RYUK. This continuous testing framework provides crucial insights into security effectiveness against evolving cyber threats.

Positive

• Launch of Ransomware Defense Validation enhances cyber preparedness.
• Utilizes extensive threat intelligence from Mandiant to improve security measures.
• Offers continuous testing against specific ransomware families, aiding in real-time assessments.

Negative

• Ransomware attacks have doubled in prevalence, indicating a rising threat landscape.
• Despite law enforcement actions against cybercriminals, the overall ransomware operations have not declined.

New Mandiant Advantage Ransomware Defense Validation offering gives security leaders a continuous, safe and quantifiable look at their ability to prevent specific ransomware families, including at which stage they failed or succeeded

RESTON, Va.--(BUSINESS WIRE)-- Mandiant, Inc. (NASDAQ: MNDT), the leader in dynamic cyber defense and response, today announced the general availability of Ransomware Defense Validation within the Mandiant Advantage platform.

Mandiant Advantage Ransomware Defense Validation (Graphic: Business Wire)

Ransomware attacks have grown significantly over the last few years and any organization – regardless of size or industry – can become a target. In fact, from 2019 to 2021, Mandiant experts saw ransomware activity roughly double. To address this rapidly evolving issue, Mandiant Advantage Ransomware Defense Validation leverages Mandiant’s industry-leading threat intelligence, ransomware re-configuration capabilities and automated validation infrastructure to provide security leaders with evidence whether their organizations are able to prevent specific ransomware attacks.

“The frequency and proliferation of ransomware is accelerating, and without the right resources in place, organizations of all sizes and industries are struggling to know whether they are prepared for a ransomware attack,” said Mike Armistead, Senior Vice President, Mandiant Advantage Products at Mandiant. “Ransomware Defense Validation enables organizations to quickly understand and measure whether their security controls can prevent specific ransomware attacks and multifaceted extortion campaigns.”

Ransomware preparedness via intelligence-led validation

Daily headlines highlight victims of increasingly frequent and widespread ransomware attacks as threat actors continue to evolve tactics to make their operations more efficient and effective. And even with the arrests Russian officials made last month of a group of high-profile cybercriminals in an effort to take action against the ransomware problem, Mandiant has not observed a subsequent decline in these operations overall.

Ransomware Defense Validation counters this reality by curating the most critical ransomware threats Mandiant’s experts are seeing on the frontlines and repurposing them so that organizations can automatically, continuously and safely test their defenses against ransomware families like CONTI, a group that publicized the theft of data from more than 500 organizations in 2021, along with other prolific threats like MOUNTLOCKER, RYUK and SODINOKIBI. Collectively, these families accounted for some of the most active ransomware at incidents that Mandiant responded to in 2021. Information on ransomware families is updated on a regular basis to stay current with the attacks most prevalent in the industry. Further, not only are organizations able to test their ability to prevent these ransomware attacks, they are also able to see in a quantifiable, live dashboard the stages in which the ransomware would have failed or succeeded.

Industry-leading Mandiant threat intelligence and expertise drive dynamic solutions that help organizations develop more effective programs and instill confidence in their cyber readiness. For more information on today’s news visit, https://www.mandiant.com/resources/ransomware-defense-validation.

To learn more about Ransomware Defense Validation and the other available modules within Mandiant Advantage – including Attack Surface Management, Automated Defense, Threat Intelligence, and Security Validation – visit www.mandiant.com/advantage.

About Mandiant, Inc.

Since 2004, Mandiant® has been a trusted partner to security-conscious organizations. Effective security is based on the right combination of expertise, intelligence, and adaptive technology, and the Mandiant Advantage SaaS platform scales decades of frontline experience and industry-leading threat intelligence to deliver a range of dynamic cyber defense solutions. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats.

© 2022 Mandiant, Inc. All rights reserved. Mandiant is a registered trademark of Mandiant, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220215005464/en/

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Source: Mandiant, Inc.

FAQ

What is the Mandiant Ransomware Defense Validation service?

The Ransomware Defense Validation helps organizations assess their readiness against specific ransomware threats by providing automated testing and validation.

When was the Ransomware Defense Validation launched?

The Ransomware Defense Validation was announced on February 15, 2022.

What ransomware families does Mandiant target with its new service?

Mandiant's service targets major ransomware families, including CONTI, MOUNTLOCKER, RYUK, and SODINOKIBI.

How does Mandiant's new offering improve cybersecurity?

It leverages threat intelligence for continuous testing, helping organizations understand their ability to prevent ransomware attacks.

What has been the trend in ransomware activity according to Mandiant?

Ransomware activity has doubled from 2019 to 2021, highlighting an increasing risk for organizations.