In the year 2020, most people are pretty familiar with the concept of ransomware. As one of the major threats presented to both individuals and organizations, ransomware is something everyone needs to be aware of.
But what, exactly, is it, and how can you prevent it? We set out to answer these questions and more in this blog. Read on to learn about the history of ransomware, what it does, and how you can keep yourself safe from it.
What is Ransomware?
The definition of ransomware stays true to its name. The dictionary defines it as, “a type of malicious software designed to block access to a computer system until a sum of money is paid.” In other words, hackers block access to devices or information until a ransom is paid.
In many cases, hackers will “encrypt” a users files, which essentially means information will be converted into code and rendered unreadable. This encryption can typically be removed by the hacker, and when removed, users will regain complete access to their information. If the ransom isn’t paid, hackers will typically continue to block access to the information.
Who does RansomWare Threaten?
The short answer is that ransomware threatens just about everyone who owns any sort of device. If you have information stored on a device that you either don’t want to lose or don’t want to be made public, you could be vulnerable to ransomware attacks.
Possibly most at risk for these attacks, though, are corporations. This blog post on TechCrunch dives into the ever-evolving risk of malware & ransomware for corporations, with a focus on the steps companies are taking to prevent the attacks. The reason companies are at increased risk for these types of attacks, though, is that they house tons and tons of information. From employee information to private documents, there’s tons of information that companies wouldn’t want people to get their hands on.
Hackers naturally realized this opportunity and began to hold information hostage and demand massive sums of money. These attacks are also on the rise, as told in this PC Mags blog post.
Best Ways to Prevent Ransomware
The best ways to prevent ransomware are included in many of our previous blogs, but it’s a topic that’s worth mentioning again.
The first step in avoiding these attacks is avoiding some of the most common avenues hackers use to access your system. This includes downloading files from unsecure websites, not clicking on links in unfamiliar emails, and ensuring everyone at your company also follows the same security protocols.
The most effective way to protect yourself from losing valuable information, however, is by performing regular backups. Ensure all your information is backed up, and stored on a separate device. If you backup your information but store it on a device that shares the same network as your other devices, hackers will be able to gain access.
Ransomware is still one of the most common forms of cyberattacks across the world. While the threat changes and evolves, it certainly isn’t diminishing. Following the tips of this blog, as well as your own common sense, should put you a step ahead in terms of avoiding ransomware attacks.
Categorised in: Digital Age, disaster recovery, malware