Ransomware is perhaps the nastiest threat you can encounter, and the unprepared business could potentially be crippled beyond repair if it suffers from an attack like this. We’re here to demystify the inner machinations of a ransomware attack so you know better how to respond to it.
Ransomware takes up a significant amount of our blog, and for good reason. It’s an incredibly scary threat to find yourself on the receiving end of, and modern businesses are, to be quite frank, often unprepared to handle it. We wanted to take today as an opportunity to discuss the negative effects you can expect from a ransomware attack—effects that will make you think twice about the current level of security on your infrastructure.
Ransomware is a serious issue for businesses. How serious?
Think “$265 billion in costs by 2031” serious. In light of this, every organization needs to do everything possible to avoid falling victim to ransomware. Let’s touch on a few practices that will help.
At the end of January, the Federal Bureau of Investigation went public with an announcement that they had taken down the servers and Dark Web sites utilized by the Hive ransomware gang. This is a major victory, in terms of fighting cybercrime, but a certain statistic from this operation shows a somewhat disconcerting trend.
Smartphones have managed to hold out against ransomware a bit longer than other hardware and operating systems, but those days are coming to an end. It’s important to remember that the average smartphone is not protected with antivirus software and thus remains threatened by your standard ransomware attacks. It is absolutely critical that your business doubles down on its protection against ransomware, especially in the mobile market.
Despite their best efforts, cybersecurity can be a major cause for concern for all kinds of businesses and organizations. Even with a full team of cybersecurity professionals, data breaches can occur, and many of the worst data breaches of 2022 have been quite devastating. Let’s take a look at some of the worst ones so far.
Ransomware is an incredibly disruptive threat that can put your business at risk, but it is increasingly becoming not just a fiscal risk to organizations, but also to the physical health and wellbeing of communities and individuals. The Federal Bureau of Investigation has issued a warning that should have everyone concerned about the future of ransomware attacks, not just in business, but in everyday life.
We all know at this point how dangerous ransomware can be for businesses. It can lock down files, threaten operational continuity, and in some cases subject victims to brutal fines as a result of privacy breaches. One place where you might not expect ransomware to hit, however, is customer reviews, and it all stems from the big question: do you pay to resolve a ransomware attack or not?
A recent trend even amongst ransomware threats is that the FBI is issuing warnings regarding how dangerous it is or how difficult certain variants are. This particular threat—the OnePercent ransomware gang—is no exception. Let’s break down what you need to know about the OnePercent Group and how you can prepare to handle attacks not just from this threat, but most ransomware threats.
You’d think that cybercriminals would use ransomware to target high-profile businesses with loads of money to extort, but this is not always the case. Even a small business can fall victim to these particularly devastating threats. Ransomware, just like other threats out there, has continued to evolve and adjust its approaches based on the current cybersecurity climate, so what are some of the latest developments in ransomware?
Ransomware is bad stuff, and it’s only gotten worse with its recent resurgence that aligned with the COVID-19 pandemic. Phishing attacks and other means by which ransomware is commonly spread have used the current atmosphere as a springboard. This makes it even more critical that these kinds of behaviors and attempts can be spotted and stopped.
In May of 2021, Ireland’s Health Service Executive, which handles healthcare and social services to the Emerald Isle’s nearly five million residents, was the target of a massive ransomware attack. Even as businesses and municipalities from all over the globe have been dealing with this plight, we mention this because of the aftereffects of this situation. Today, we take a look at the situation and what can be learned from it.
With so many high-profile ransomware attacks being launched against manufacturers, pipelines, and even hospitals, it’s no surprise that many companies are worried about what the future of this threat means for their organizations. Ransomware poses a serious threat, one that cannot possibly be ignored, so we urge you to take action now so you don’t come to regret it later.
A recent surge of high-profile ransomware attacks strikes again with an assault on the world’s largest meat processor and distributor, JBS S.A. The cyberattack was so disruptive that the company was forced to suspend operations in both North America and Australia, leading to a considerable impact on the supply chain. Let’s take a deeper dive into what lessons can be learned from this situation.
The situation surrounding the hack against Colonial Pipeline has only become more complex as new information has come to light, each new discovery providing more insights and potentially actionable takeaways. Let’s examine some of the biggest developments surrounding the attack, and what they will likely mean for overall cybersecurity from this point forward.
Ransomware is no laughing matter, especially in terms of the costs it can impose on its victims—this is, after all, what ransomware is famous for. However, some of these costs can be derived from unexpected expenses and exacerbate the already significant issues that ransomware poses. Let’s go over some of the costs that you should anticipate, should you be targeted by a successful ransomware attempt.
Let’s begin with a cold, hard fact—if a business has been targeted by cybercrime from an outside source, there is a 68 percent chance that another attempt to access their network will come within one year. This statistic comes from Crowdstrike, a cybersecurity solutions provider. Despite this reality, there seems to be a perception that there’s some unwritten rule somewhere that a company can only be attacked once.
When people talk about cybersecurity nowadays, there certainly seems to be a lot of emphasis put on phishing attacks and ransomware. This is for good reason. Not only can either of these attack vectors create significant difficulties for a business, they are often used in tandem. Let’s discuss why these threats are so potent, and why they so often show up together.
When people talk about cybersecurity nowadays, there certainly seems to be a lot of emphasis put on phishing attacks and ransomware. This is for good reason. Not only can either of these attack vectors create significant difficulties for a business, they are often used in tandem. Let’s discuss why these threats are so potent, and why they so often show up together.
Ransomware has been a major problem for several years now, and 2018 continues to see this threat develop in unforeseen ways. Ransomware is malicious software that can encrypt data located on your device or network, with the encryption key only being available to those who pay a ransom. Ransomware is known today as one of the most pervasive threats out there. We’ll take a look at how ransomware has changed, what the future looks like, and how you can keep yourself safe.
