- Erol Eraybar
Ransomware Made Simple!?!
Updated: Jan 12, 2020
Ransomware is malicious software that blocks access to a computer's files unless a sum of money is paid.
Ransomware uses good technology for evil purposes to take files hostage.
A successful Ransomware Attack on just one computer or device could result in locking out your team from their computers and data, to include all documents, spreadsheets, photos, and other important files.
One infected PC or device could spread Ransomware to other computers across your internal Network in just a few heart beats, and lock everyone out of all Shared Folders and Network Drives.
Industry experts estimate a successful Ransomware Attack occurs at a company somewhere in the USA every 14 Seconds!
And, the experts estimate Bad Guys will obtain even better success before 2021 by crippling companies at the rate of one every 11 Seconds. Bad Guys will like learning of this stat and how the sky is the limit with their earning potential.
Ransomware is believed to be the #1 malware threat. Even if a company pays huge sums of money to the demand of the Bad Guys, always remember, Bad Guys have no honor. Industry statistics show that about 80% of the companies who surrender huge sums of money never get their data back. The Bad Guys simply take the money and run.
The most likely way a Gang-of-Thieves might be successful with planting Malware is if you Click on a Link or on an Attachment in an Email or Document sent by a Bad Guy. The Bad Guys are working furiously 24 x 7 to breakthrough the technology defenses your company may currently have in place. They hope to get one half-step ahead of defensive technology by daily tuning and honing of their attack tactics.
One basic approach Bad Guys favor is to pose as an Impostor of someone you know to Send you an Email containing the Ransomware link. Since a lot of other companies have not taken a defensive posture, many Mailboxes are easily hacked into daily. Frequently the user hacked does not know the Bad Guy has taken control of their Mailbox.
So, when you receive an Email with an invitation to click on a link, often you may not think anything of it because there may be little to no way to discern it was sent by a Bad Guy seeking riches.
Bad Guys target companies of all shapes and sizes. Industry experts frequently cite the impact of a security incident can average from thousands to several million dollars, and more serious events can cost hundreds of millions of dollars. A security breach on a company does not stop there. It can easily be leveraged towards a successful break-in on one or many of the company's clients!
Greater security and privacy safeguards should always remain top of mind. The best defense is prevention and a company is only as strong as its weakest link.
Take the appropriate action now and be sure your company has not accidentally left doors or windows of opportunity open to cyber criminals!
Interested in learning more or would like to get started? Then please reach out to us and/or review these resources:
Department of Homeland Security Resources for Small and Midsize Businesses (SMB)
Department of Homeland Security Ransomware Threats and How to Report
Office 365 Advanced Threat Protection