In the current digital age, a lot of businesses are operating online. The cloud is now one of the most integral parts of commerce and unlike in the past, sensitive business operations are conducted there. A lot of companies, due to the sensitivity of their data, have invested billions in cybersecurity. But even with that, the number of hacking and stolen data cases has continued to grow. One of the most common challenges for modern cybersecurity is ransomware. In this post, we will explain what it is and explain how you can protect your business against such malicious attacks.
What is Ransomware?Ransomware is a type of malicious software designed to extort money from organizations or businesses. So, how does it work? Most of the time, ransomware is introduced to your personal computer or even your internal network through a spear phishing attack. This is where a hacker sends an innocuous email to employees in a business with the software attacked or linked to an external webpage. Hackers can impersonate renowned organizations to make sure the operation is as clandestine as possible. As soon as the ransomware is introduced into the system, it will encrypt all your emails and files. Every time you decide to access important emails you will get a message from the hacker demanding payments in order to decrypt the files that they already have. A lot of businesses end up paying and this can cost you a fortune.
How to Know If You Have Ransomware?It’s very difficult to detect ransomware unless you have a very advanced cybersecurity system. In most cases, businesses detect it when it’s already too late. A message just pops up in your email demanding you to pay the money or you will never access your files again. As hackers continue to get innovative, it’s becoming harder even for advanced cybersecurity systems to detect ransomware.
Ransomcloud Demonstration with Kevin Mitnick
How to Protect Your Business from Ransomware?Businesses can do a number of things to reduce the risk of a ransomware attack. Here are some of the most important steps:
Assess Areas of Vulnerability
Back Up Your Data
Get the Team on Board