Pondurance, the leading provider of managed detection and response (MDR) cybersecurity services designed to minimize breach risk for mid-market organizations, announced the launch of RansomSnare, a new module for its flagship MDR service that halts ransomware attacks at the moment the malicious process attempts to encrypt files and prevents threat actors from exfiltrating sensitive data.
RansomSnare is a next-generation ransomware prevention capability that works by immediately suspending a malicious process the moment it attempts to encrypt its first file-long before traditional tools would detect or react to the attack. Unlike signature-based or behaviorally trained controls, RansomSnare requires no updates, no baselines, and no prior knowledge of a ransomware variant to stop it. By preventing both file encryption and data exfiltration at their earliest stages, RansomSnare gives security teams critical time to investigate and contain threats while eliminating the operational and regulatory harms typically associated with ransomware incidents.
“Ransomware is evolving faster than many organizations can keep up,” said Doug Howard, CEO of Pondurance. “While EDR (Endpoint Detection and Response) agents can provide visibility and detection in some cases, they often rely on signatures, heuristics, or behavioral baselines that ransomware variants are increasingly designed to evade. With RansomSnare, we are adding a defensive capability that stops the ransomware process in its tracks before it encrypts files and before data is siphoned off the network. This enhances our MDR offering by closing a critical gap that standalone EDR solutions can miss—and doing so in a way that is lightweight, reliable, and effective for mid-market customers.”
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Ransomware Trends
Ransomware continues to be one of the most pervasive and damaging cyber threats facing organizations worldwide. According to recent industry research:
- Over 50% of mid-sized organizations have experienced a ransomware attack in the past 12–18 months.
- The average cost of recovery—including downtime, remediation, and lost productivity—can exceed $1 million for affected organizations.
- Nearly 75% of ransomware incidents involve data exfiltration prior to encryption, creating added regulatory and breach-notification exposure.
These trends are especially challenging for mid-market organizations in healthcare, financial services, education, and other regulated industries that are entrusted with sensitive customer information such as personal health information (PHI) and personally identifiable information (PII) but often lack the security budgets, staff, and tooling available to larger enterprises.
SOURCE: Businesswire