Kaspersky XDR platform launched in Malaysia to combat ransomware attacks

When it rains, it pours as Kaspersky revealed that there was a two-fold increase in ransomware attempts globally with threat actors refining their tactics culminating in increasingly threatening stances up to what is now dubbed as Ransomware 3.0 where sensitive data is leaked out unless a ransom is paid even as that same data is resold and the company is subject to cyberattacks.

To combat this clear and present danger, the world’s leading cybersecurity outfit has released their Kaspersky XDR platform for consideration by businesses and organisations in Malaysia.

What is Kaspersky XDR?

For the uninitiated, the Kaspersky Extended Detection and Response (XDR) platform is designed as a multi-layered security solution to both protect and mitigate the effect of targeted ransomware attacks in Malaysia with a proactive approach of coordinating siloed security tools into a comprehensive and unified threat detection and response platform.

Of note is that the Lockbit ransomware group has been active in the Southeast Asia region, targeting a major IT service provider, a private school in Malaysia and a food manufacturer in Singapore with their attacks. 

“Malicious actors, like Lockbit ransomware group, invest considerable time in up-front intelligence gathering to determine who they will target, how they will target them, and the optimal timing of their attack. This level of pre-planning makes attacks more sophisticated and therefore harder to catch. Combine this with their double and now the emerging triple-extortion models, modern targeted ransomware groups are set to disrupt more enterprises in SEA if we are not equipped enough to nip them in the bud,” warns Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

“To help the overwhelmed and undermanned enterprise security teams, we consolidated our multiple security tools into a coherent, unified security incident detection and response platform – our Kaspersky Extended Detection and Response (XDR). This new platform provides multi-layer protection for enterprises, as well as threat hunting capabilities for their existing Security Operations Center (SOC),” adds Yeo. For more details on Kaspersky XDR, check out their official page at https://go.kaspersky.com/expert