Ransomwares

What are Ransomwares?

Published
in

“According to Datto, Ransomwares remain the number one malware threat to small and medium businesses (SMBs) in the last 2 years”

Ransomwares are a type of malware which infect computer systems and prevent users from accessing anything on the machines until a ransom payment has been made. In the past, without making the requested payment it would be impossible to recover and retrieve files. With new technologies available, payment is not the only option available for recovering data.

Unfortunately, without remote monitoring of network infrastructure, it is usually too late when the ransomware is eventually identified. There is also evidence that the pandemic caused by COVID-19 has led to an increase in remote work. This has also led to increase in ransomware attacks according to KPMG. Hence, the need to be more proactive towards preventing attacks from cyber criminals.

Ransomwares

How Ransomwares Access Entry?

  • Phishing:

Malwares enter into machines through phishing emails. These are emails which appear legitimate and include attachments required to be opened or downloaded. Once you do this, ransomware will infect and corrupt machines & systems.

Hence, it is important your team is educated about cyber security and associated risks. This helps mitigate risks against attacks and protect your business.

  • Malicious Advertising:

One of the other numerous methods used by cybercriminals to infect network with ransomwares. This occurs when a user clicks on a web advert. Unknown to them, the attacker already has a hidden code behind the advert to infect your machine with ransomware. Users data is then collected and analyzed with location also tracked to know the best malware strain for infecting user system with. Although, this could be mitigated with antivirus software installation, it is not always an effective strategy.

 

“According to Marc Goodman (Author of future crimes), Ransomwares are a game changer in the world of cybercrimes as it allows criminals the opportunity to fully automate their attacks”

 

Experts in security claim it is better to prevent ransomware than to react towards it. This is because, you want to avoid paying ransom fees to anyone which impact your organizations finances. Paying once means these attackers can always attack you again and the cycle of attacks never ends. Payment only encourages them to keep targeting your business. To properly fight against ransomwares, you must protect your files and systems to prevent your organization falling victim to ransomwares attacks. Our Business Continuity solution helps with detailed protection to put your business in the best position not to be victims to ransomware attacks. One of the key benefits is the ability to identify ransomware malwares once they gain entry to network and help restore the network to a period before infection took place.

 

Schedule a free consultation with us by contacting us at 902-801-7922 or email [email protected] to learn more about how our protection services would be beneficial to your organization.