What is Ransomware?
Ransomware is malware that is specifically designed to hijack a computer system or data store and hold it hostage (inaccessible and un-retrievable to the users) until they pay a ransom. The ransom demanded can soar upwards of tens of thousands of dollars, though for smaller businesses it is often only a few hundred or thousand dollars. The ransom is usually demanded to be paid in bitcoins, a popular cryptocurrency. If the ransom isn’t paid, the hacker might release sensitive data about your organization on the Internet, corrupt your databases so the data is useless, or make off with your customer information (which customers aren’t usually thrilled about). Ransomware not only damages the company monetarily through loss of revenue during the attack and the cost of the ransom, it also damages their corporate reputation, runs up extraordinary legal bills, and is a PR nightmare of the highest magnitude.
What is The Connection?
The malware behind ransomware encrypts the data, so that it is inaccessible to the user. Unless they pay up, the data is released publicly, deleted, or corrupted so that it is unusable.
How to Protect Against Ransom32 and Other Cyber Attacks
Here’s your plan for keeping Ransom32 and other nefarious code out of your systems and network:
Update antivirus software, firmware, firewall settings, etc. regularly. As new threats (like Ransom32) are identified, developers of these products immediately release updates and patches to address the latest threats.
Educate users on how to avoid dangerous websites (gambling sites and others are notoriously dangerous), suspicious emails, and other threats that can deliver ransomware.
Get a complete network assessment to determine where your security gaps are and how to address those vulnerabilities. Request a meeting with a TTI cybersecurity expert today!