Ransomware: The Problem and the Solution
One ransomware hit is a cybersecurity disaster that can cripple your business. Recovery operations like restoring your data and systems through backups are expensive, as are complications like regulatory headaches, harm to business relationships, damaged client confidence, and downtime. If you pay the ransom it’s a huge expense, and there’s no guarantee that the cybercriminals didn’t copy or sell your data anyway.
We have compiled the list of the possible problems and it's solutions to help you out when ransomware attacks!
PROBLEM 1: 65% of ransomware infections are delivered via phishing
The most common cause of infection for ransomware is through a phishing email. Therefore, the most effective way to decrease your chance of a ransomware incident is through constant, updated phishing resistance training for every employee.
SOLUTION:
Phishing resistance training is easy and effective. Simple management tools and plug-and-play training campaigns enable businesses to start training fast.
PROBLEM 2: 75% of companies infected with ransomware were running up-to-date endpoint protection.
One click is all it takes to turn a security blip into a nightmare. If cybercriminals lure a careless employee into providing their login credential through a damaged link in an email, they’ve got an open door to move right into your systems to drop a ransomware attack.
SOLUTION:
Having an extra layer of protection should be in place and use at all times.
- Multifactor Authentication (MFA)
- Single Sign-on (SSO)
- Remote Access Management
PROBLEM 3: 60% of the information available on the Dark Web could potentially harm enterprises through hacking, spear phishing, and ransomware attacks.
Password lists are abundant on the Dark Web. An average 59% of workers reuse passwords at work that they use for other online accounts. Cybercriminals don’t even have to trick your employees into giving up their password to slip into your systems and from there, they will deploy a ransomware attack.
SOLUTION:
Keep an eye on your employees credentials to make sure that they haven’t been compromised with Dark Web ID – especially for highly privileged users like administrators and executives.
SUMMARY:
Every company must take this ransomware threat seriously and put strong protections in place to avoid falling victim to a ransomware attack. Through increased security awareness training, improved data security, and reliable threat intelligence, companies can guard their data and systems against ransomware effectively and efficiently without causing hundreds of dollars.
Paul Jackson, CEO/Cybersecurity Specialist and his team at Jackson Technologies can provide you the protection your business need. Whether you need to upgrade your cybersecurity system or thinking of building a new one - we got you covered. We have various programs and cybersecurity solutions that will fit from small to medium-sized businesses.