Ransomware is taking center stage as a number of companies across industries are hit with digital attacks. WannaCry ransomware made headlines when it targeted PCs at banks and healthcare facilities; NotPetya, a malware that is an adaptation of ransomware, made similar headlines when it hit businesses in Europe hard. What can you do to ensure your data won’t be held hostage?
What we know about ransomware right now is that it looks a lot like a PC infection. Its “goal” is to go through your drives and encode all the data that it can, leaving you unable to gain access to critical records until you pay the attacker their ransom.
Business administrators pay large amounts of money to recover their data, in some cases $40,000 or more. The fight against these attacks seems fruitless as the attackers alter their models, always coming up with new ways to sneak into systems and latch on to important data.
As of last year, almost 30 percent of private ventures were involved in a ransomware attack, according to research from IBM. Nearly 60 percent of medium-sized businesses had experienced similar extortion. Security specialists can’t keep up with all the different strains of attacks, which means companies are simply moving to a mindset of paying the ransom as part of their business strategy.
The key to staying safe is to have a reliable data backup. It is imperative that your IT system is not outdated. Furthermore, employees need to be trained on how to use digital systems in a secure way that doesn’t compromise systems. According to Acronis, a data protection company, an inside person ineptly ushers in an attack on a company approximately 30 percent of the time.
New advancements in backup technology allow companies small and large to improve rather than replace their current backup methods. For instance, replication and snapshots have been determined to be a smart part of the strategy against ransomware. Replication involves making periodic copies of your data from one server and putting it on another server.
At Focal Solutions, we take ransomware attacks extremely seriously. We are an advocate for our clients, and we always focus on client satisfaction, and that involves staying prepared and ready for any malicious attack. As telecommunications industry insiders, let us help you get connected with the solutions that make the most sense for your company to keep you safe from attacks. Contact us today to hear the rest of the story.