You’ve most probably heard about ransomware in one form or another.
This is a type of attack made on your computer and it’s where a hacker locks you out of your system and encrypts all of your data. They request that you must pay a ransom, this payment isn’t in a cash payment. It’s most typically through a digital currency such as Bitcoin, they say that once the ransom has been paid they will send you the decryption key to unlock your data. A ransomware attack is one of the most terrifying things that can happen to your business.
While ransomware isn’t a new crime. It is one of the fastest growing online crimes and it’s because is so lucrative for the criminals. They sit at home on their computers finding exploits in businesses networks. They don’t care if you’re a small or enterprise business, if they find a way into your network they will deploy the encryption and expect to be paid. What most people don’t realise is that hackers access your system weeks before they launch the attack. It takes time for them to set it up, and prevent IT security experts from helping.
It’s doesn’t help that Covid has forced people to work from home, more and more businesses are unintentionally opening up their businesses data to the threat.
In fact, it’s estimated that there are more than a hundred calls to insurance companies every day relating to problems that have been caused by ransomware. So there are signs to look out for – ways to spot if your system has already been breached, and an attack is imminent. This is why it’s vital to not just have a IT security team working for you 24 hours a day, 7 days a week but to also have your staff trained in Cyber Security
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