You’re probably familiar with a large variety of IT security threats. But do you actually know these threats in detail? If not, it may be time to consult with our reliable managed IT services team in Denver. Ransomware constitutes one of the most heinous cybercrimes, and to protect your system, you must be familiar with this threat in its entirety. To get you started on that, let’s discuss some crucial facts about Ransomware.
What Exactly is Ransomware?
Ransomware denotes a malware that aids hackers in encrypting data and demanding payment before providing the encryption key. Your business personnel may receive malicious email attachments or programs that give cybercriminals access to your system. Banks were the primary victims of ransomware attacks, but the vice soon spread across the corporate world— small businesses are also not spared. Ransomware exists in two forms: locker and encrypting ransomware. A locker ransomware attack locks you out of your business’ operating system. The encrypting ransomware operates using advanced algorithms capable of blocking access to system files.
How Bad Is the Situation?
As noted earlier, ransomware attacks initially targeted banks and hospitals, but they’ve since spread to many other areas. However small your business is, you’re not immune to the danger. It’s also worth noting that mobile phone users can also be victims of a ransomware attack. Can you imagine losing all your phone data including media files, applications, and contacts? You’re probably thinking it’s better to pay the hackers and get your system files back. Well, the fact that most people and businesses are willing to pay for the decryption code continues to motivate cybercriminals— the hacking business thus appears to be overwhelmingly lucrative. You’re likely to pay more depending on how important the encrypted information is. As technology diversifies, hackers continue to devise sophisticated methods of conducting their fraudulent activities. Ransomware attacks may not be as common, but the situation is bound to change owing to the alarming increase in the number of attacks, especially on businesses.
Here’s What You Can Do
Not all hope is lost— you can still protect your business from ransomware attacks. Your IT personnel is primarily responsible for maintaining system security. In this context, your employees should be knowledgeable and well-trained about system security. This will ensure that they remain vigilant especially when using email applications or browsing. You should also be proactive— backing up your data goes a long way in ensuring that you can always retrieve lost data without necessarily paying anything to a third party, much less, cybercriminals. You can also outsource our managed IT services in Denver to get advanced security solutions.
Ransomware attacks can bring your business to its knees. Not only will you lose important data, your business will also be subjected to unplanned financial liability in form of ransom payments. However, our existence as a managed IT services provider in Denver offers the most reliable solution to this menace. AccountabilIT is one such company. We offer IT security solutions that have been tested and proven to work. Contact us today to learn more.