Malicious software used by cybercriminals to encrypt important information from computers and hold it for ransom has significantly evolved over the years. Ransomware, as it’s known, has become a lucrative industry for cyberthieves and continues to intensify as a problem for individuals and organizations alike. Hackers swoop in, encrypt files, and ask for a significant payout in exchange for a decryption key, which may or may not work.
As one of the most potent online threats, ransomware affects many governments and non-government entities and demands billions of dollars every year. What makes this nefarious malware especially damaging is its ability to lock, corrupt, or destroy its victim’s files. Once the malware has infected a device and compromised information security, all the sensitive information in it is at risk of theft and exposure.
Ransomware finds its way into a device or system by tricking one into installing it or taking advantage of the system and/or software vulnerabilities. To stay safe, you need to understand how to protect your organization from becoming a victim and the steps to take in the event of a ransomware attack.
As annoying as software update notices can be, they should never be ignored. Computers running with outdated software are more prone to an attack. To defend your devices against the relentless creation of new ransomware strains, make sure that all systems and software are up-to-date at all times.
While most programs will update automatically, check for updates frequently to further ensure your systems are protected. These updates involve security patches that are important to preventing malware from infiltrating your devices.
Ransomware often infects a system through web browsing, downloads, and email attachments. For instance, an attacker may pose as a trustworthy contact or as the IT department with requests for an employee to open certain links, install software, or disclose sensitive information.
To help ensure information security and compliance with regulatory requirements, employees should undergo regular information security awareness training that covers topics including phishing, malware, clean desk policy, secure passwords, vishing, shoulder surfing, and more. Email phishing exercises are a great way to reinforce information security concepts and test employee awareness and response to email phishing.
Make sure that you regularly back up your files offline or in the cloud so they cannot be accessed through your network. While this is not a ransomware prevention method, it will come in handy in terms of damage control.
Save all your valuable and vital files to physical storage devices and to cloud storage services. This way, if you get hit with a ransomware attack, the damage will be significantly less and you won’t have to deal with the hackers to get access to your content. Importantly, verify the data backup process just to make sure that all necessary data is being captured and can be easily accessed and restored.
While these preventative practices are effective, there’s no foolproof way of completely protecting your organization from ransomware attacks. If you’ve fallen foul of a ransomware attack, consider the following data breach response steps:
Getting rid of ransomware and recovering your data is difficult since cybercriminals are constantly developing new, more complex ransomware strains. While government entities and law enforcement continue to find new ways to tackle this problem, employing best security practices can help keep ransomware off your device.
Rather than expecting your team to use their own judgment for fully understanding threats and vulnerabilities to your data or to avoid malicious links, downloads, and pop-ups, you can rely on Security Compliance Associates (SCA) to provide the ransomware prevention advice your company needs. Through performing a risk assessment, vulnerability assessment as well as preventative and responsive measures, we can help make your organization more resilient and minimize the effects of a ransomware attack. Contact us today to schedule a no-cost consultation and download your free Data Breach Response Guide to learn about data breach laws in your state.