Are you prepared against Ransomware Attack?
New ransomware strains and versions continue to emerge
How to Prevent a Ransomware Attack?
As technology advances, so should cybersecurity measures that protect individuals and organizations from ransomware attacks. Therefore, having a robust cybersecurity defence strategy must be a top priority for any company or individual. Individuals and organizations can protect vital and sensitive information with effective cybersecurity measures.
Cybersecurity Ventures reports that at least one ransomware attack occurred every 11 seconds in 2021, leading to $20 billion in losses. Often, these extortion schemes target users who will probably pay the demanded money to recover their data.
What Is Ransomware?
Ransomware is a complicated type of malware that infects computers and later holds confidential data or personally identifiable information hostage until a computer user pays a fee or "ransom." It is especially dangerous for companies, schools, hospitals, and other organizations that rely heavily on data for daily operations. Not paying the ransom can often result in the exposure of sensitive information or permanent data loss.
Common ways computer users get infected by ransomware include:
- Visiting corrupted sites
- Phishing emails
- Downloading malicious attachments or corrupted file extensions
- Network or system vulnerabilities
- Remote desktop protocol attacks
What Is the Most Common Solution to a Ransomware Attack?
New ransomware strains and versions continue to emerge. To protect your devices from them, you need to maintain and carefully manage ransomware attack solutions. The most common ransomware attack solution is antivirus software. Installing a reputable antivirus can detect and deflect known ransomware threats. In addition, antivirus or anti-malware can help you contain the attack if ransomware infects your systems. Specialized antivirus for ransomware has built-in capabilities to deflect and block ransomware attacks before your computer is locked and the attack spreads.
How Can RiskRecon Help Me?
Most ransomware attacks involve weak and compromised passwords, either acquired because employees used weak, easy-to-guess passwords or through phishing tactics. Therefore, the first step to limiting ransomware attacks involves training your employees to protect themselves and your company from ransomware attacks and enabling two-factor and multi-factor authentication to limit ransomware damage.
RiskRecon, a Mastercard Company offers top-notch cybersecurity risk ratings to help you better understand and act on ransomware vulnerabilities across various contexts. In addition, its cybersecurity ratings provide crucial insights into the health of your digital ecosystems, allowing you to make informed risk decisions and protect your data. Sign up for a RiskRecon demo today to learn why we're the leading solution for managing and limiting third-party cybersecurity risks.
May we help?
If you want to be up to date with the latest technologies and solutions available, subscribe to our newsletter here!