Tag Archives: Ransomware

Guarding Your Network Against Ransomware

Hybrid workforce is here to stay, and some businesses are entirely remote. With the benefits remote employees bring, it also introduces dangers like unprotected network access and greater exposure to ransomware. Over the last several years, ransomware has increased and can have disastrous consequences to businesses of all sizes. Read on to learn more about the ransomware landscape and how to protect your company from attacks that steal data.

 

Ransomware’s Prevalence and Danger

 

Ransomware, a type of malware that introduces malicious code that can encrypt your data and make it unusable for your company, is nothing new. Even with some progress by law-enforcement groups in taking down some of the infrastructure, it is still prevalent. It can cause data breaches, downtime from inaccessible data, and financial consequences from lost revenue. If your data is stolen or leaked, not only do you not have access to it, but it can damage your company’s reputation because customers no longer trust you to protect confidential information. According to a 2023 report by Verizon regarding data breaches, ransomware affected 66% of organizations; 24% of data breaches occurred as a result of ransomware infection. Aside from lost data, your network could also become a hub, spreading ransomware to others such as customers or vendors. 

 

How Ransomware Enters Networks and How to Keep it Out

 

Points of entry are various, though the primary source is social engineering (phishing) emails. Many attacks come by way of an email containing a link which, when clicked on, downloads malicious software. Malicious actors use urgent calls to action and appeals to fear to get unsuspecting users to give up confidential information. Not that phishing emails are the only way for ransomware to enter. Ransomware can also get in through attacks on vendors, workers using unsecured Wi-Fi, or even an application update.

 

How, then, can you protect against it? Like preventing any cyberattacks, the solution can include tools, policies and people. Tools like network monitoring and updated patches can help detect and block ransomware. Firewalls can also analyze activity between your network and other points and block ransomware. Policies can include having separate computers for business and personal use, as in the case of remote workers. Training workers to recognize a phishing email and report it, and refraining from clicking any links needs to be a regular practice. 

 

With technological innovation comes risk. To learn how to minimize your risk of being a ransomware victim, contact your trusted technology advisor today.

Keep Your Network Secure Against Cyber Attack

Late last year, as well as more recently, two major cyber attacks occurred–one at SolarWinds via their software platform in December of 2020, and one at Colonial Pipeline just this month. These attacks are even more serious than one performed by a lone attacker, and signal how vulnerable networks can be. Not only do businesses need to use tools to protect their own computer networks, but to share information with other companies. Read on to learn how your company can protect itself against cyber attacks.

 

Recent Cyber Attacks a Wake-up Call 

 

Last December, IT management company SolarWinds was attacked by hackers who inserted malicious code in what seemed a normal software update. What’s ironic is that the very platform used to monitor threats, was the one targeted. The bad code allowed the perpetrators to hack numerous government agencies and private companies, possibly stealing untold amounts of data. The company’s platform  was used in this sophisticated attack, and the software update was downloaded by some 300,000 users. Through the download, the perpetrator was able to penetrate deep into companies’ and agencies’ networks. More recently, Colonial Pipeline was targeted in a potential attack on electrical supply to the East Coast via the gas pipeline. While investigations are still underway in each incident, foreign state actors are thought to be responsible. Both these attacks show how vulnerable companies can be. Could there have been a way to prevent the attacks, to see them coming? In spite of all the precautions companies take to shield their networks, cyberattacks seem almost inevitable. 

 

Ways to Protect Your Company Against Ransomware

 

Of course, companies should continue doing things like remote network monitoring, maintaining current anti-virus and anti-malware definitions and training their staff to recognize possible attacks. Commonly hackers try to get into a system by phishing–trying to trick the recipient of an email into clicking a link, providing the attacker a way in. Employees need to be trained to recognize a phishing email by telltale signs (spelling errors in the email) and to inform a supervisor about the email. Yet there’s another step to take. This involves people–sharing information with other companies about attacks and threats of attacks. Commonly and unfortunately, there is a stigma to experiencing a cyber attack; a company doesn’t want to be considered weak. But think how much stronger companies could be when they depend on each other to be aware of new threats, and can band together against cyber crime. Along with this practice, a company can continue educating their staff to recognize phishing attacks and to be careful with passwords (making them difficult to guess, and changing them frequently). Every device connected to the network needs to be monitored, and ones suspected of being attacked, quarantined (disconnected) to keep the network secure.

 

Tools and technology like malware protection and network monitoring should always be a part of your cybersecurity plan. People can also play a role, by reporting possible attacks and sharing information. To learn more about refining your strategy for network security, contact us today.

Hacking Hazards to Watch in 2019

The more technology advances, the more businesses must be aware of security breaches and hacker attacks. Where are hackers likely to strike in 2019, and how can you protect your business? Read on to learn more about new and existing cyberattacks to avoid.

Toll Fraud Likely to Threaten Businesses

Toll Fraud is an emerging cyber threat to watch out for. Toll fraud may happen when an attacker accesses your phone system to make fraudulent calls, possibly by posing as a new customer, placing calls (including expensive long-distance calls) directly from your business’s phone lines — on your dime! Cybercriminals may target businesses with in-house phone systems, rather than ones with Voice over IP (VoIP) systems. Toll fraud can be recognized and prevented through monitoring of a VoIP system.

Be on Look out for Phishing Schemes

Phishing typically uses emails to lure your employees into clicking on links that download malicious software (Malware). In addition, Phishing schemes may also get your employees to share internal information including passwords, confidential information, privacy information, financial information, patents and more. Educating your staff on how to recognize suspicious links and report them is your first line of defense.

Ransomware is Everywhere

Employees can also introduce Ransomware to your network, that can travel to all attached devices including your server. Once infected, you will be held ransom to regain access. If you pay, you are likely to be targeted again. Avoid ransomware by having strict policies to prevent thumb drives, guest PCs and other non-compliant devices attaching to your network. Having a reliable backup of your systems is a way to rapidly recover without paying the ransom.

While firewalls, anti-virus SPAM filtering, and penetration testing can help deter cyber attacks, human beings play a role in staying safe. To learn more about how to respond to upcoming threats, contact your technology advisor today.

How to Avoid Being a Ransomware Hostage

RansomwareRansomware, spyware, phishing schemes, and other Cyber attacks are commonplace in today’s world of technology. According to a recent article in Forbes, ransomware attacks grew at an accelerated pace in 2016 with reports of 638 million attacks, almost 200 times more than the number of ransomware attacks in 2015. Most experts agree that Ransomware attacks will continue to occur–so what can you do to avoid being a ransomware hostage?

Not All Ransomware is Created Equal

Before you panic, find out what type of Ransomware you are up against. Scareware is a type of Ransomware that tricks you into thinking you have a bigger problem. A simple scan may quickly remove the pop from your browser cache and get you back on your way. Some ransomware is truly nasty — your entire system may be encrypted, meaning you will need to wipe your system and start over if you have a good backup. Otherwise, you may find yourself hostage to the cybercriminals to unlock your data.

An Ounce of Protection is Worth a Pound of Ransom

Data protection is an important element in minimizing the impact of Ransomware. Make sure your network security is fully compliant. Backup your data, update your antivirus definitions and make sure your security patches are up to date. Consider using Cloud Backup, Security as a Service, and Managed IT services to keep your network up to date. Having a strong offense to avoid ransomware is your best defense.

Don’t Forget the Human Element

Train your employees on a regular basis on the importance of staying vigilant against Cyberattacks and how to avoid being a hostage. There are many resources to get training for your team. Periodic updates about threats and security procedures serve as a reminder to your employees to ensure they adhere to best practices.

If you need security training or are interested in a review of your network, security vulnerability, or other technology infrastructure, contact your Technology Advisor today.