Preparis Inc.

04/20/2017 | News release | Distributed by Public on 04/20/2017 17:06

A New Era of Business Continuity: The Rise of Ransomware

The technology orientated world we live in today is a wonderful thing, however, as our world becomes more tech-involved we are beginning to experience hazards that we didn't have to worry about previously when it comes to business continuity. Cybersecurity issues are now a main concern of companies when creating a Business Continuity Plan (BCP) and ransomware is just a small piece of the cybersecurity puzzle.

What is Ransomware?

Ransomware is when your computer or files are held for ransom by a hacker. Ransomware prevents you from accessing your PC, files or anything on your computer/device. The majority of the time, the hackers ask you to do something prior to allowing you to gain access to your computer again, which can typically be up to days. Ransomware used to be limited to Windows PC based users, however, over time iOS Mac OS X and Android users are now being affected.

Why Should Ransomware be Included in my BCP?

Aside from the fact that you have to pay to re-access your computer and sometimes that doesn't even get you the files back, the biggest threat when it comes to ransomware and business continuity is the down time that your company will face if you find yourself struggling with this form of hacking. Most victims reported that they were unable access their devices for up to two days. In fact, Hollywood Presbyterian Medical Center spent 10 days without access to computers during a 2016 ransomware attack. Ransomware is typically sent out via spam or a computer bug that is disguised so that users are more likely to launch it. What this means is that there is a higher chance for human error and if the bug is sent to all the employees, there is a chance that multiple people in the office will click on the link and then before you know it there is a major issue on hand causing a workplace disturbance.

Protecting Your Company from Ransomware

The best way to protect your company from a ransomware attack is to ensure that you and your employees are properly trained on cybersecurity.

Here are a few tips on how to prevent a ransomware attack:

  1. Create strong passwords- The stronger your passwords are, the less likely you will be at risk for any cybersecurity attack
  2. Be familiar with what links you should or shouldn't click on- Have common sense with what you are clicking on. Don't just assume that every single link you see on Facebook is fine. A lot of ransomware attacks come from people not being educated and mindlessly clicking on things that they shouldn't. Be cautious.
  3. Anti-Malware Protection- Having an anti-malware protection is also very important. This helps your computer identify what is malware and prevents you from accessing it in order to prohibit human error.
  4. Training- Make sure that you and your employees are trained on cybersecurity and know how to not only prevent an attack, but know what to do during and after an attack as well.

Click here to learn more on how Preparis can help you incorporate cybersecurity into your business continuity plans.

If you are interested in downloading the Preparis Data Breach Checklist, click here.