Yesterday the BBC reported that more than 50% of UK businesses have suffered ransomware attacks in the last year. This is the greatest single risk to IT networks and business performance. We have helped a number of companies, in the past few weeks, recover from recent attacks. However, the cost in terms of lost time and sales revenue has in some cases been significant.
We believe prevention is better than cure and have outlined the issue and methods to avoid the angst and potential loss of sales revenue below:
Ransomware is a type of malicious software designed to block access to business data by encrypting and renaming files. The bug usually travels into the IT network through email or downloadable internet files, programmes or applications.
A demand for a sum of money is made and usually payable in bitcoins. These are untraceable so the perpetrator escapes with the cash – usually in the region of £2,500.
Decrypting files without the decryption key is complex and time consuming. As a result organisations and businesses must weigh up whether they wish to part with the ransom or lose time, precious data and incur costs for IT consultants to solve the issue.
Enforce good security practices within the businesses IT networks by employing effective anti-virus, anti-malware and anti-spam products to improve the chance of detection before infection.
This includes educating the workforce to the dangers of downloading information from an unknown source.
Talk to our consultants who will assist your company to write and communicate effective online security policies that will protect your business.
Efficient back-up is the answer. Network Interlinks works quickly and painlessly to rebuild computer systems and applications to an acceptable recent state from the businesses Disaster Recovery and Business Continuity solution. This out smart’s the criminal hacker and puts the company back in business promptly.