In our blog we haven’t talked about ransomware in a long time. Today we did some research on the level of threat that ransomware generates. The projections from four different sources are stunning. So, we’re showing you the potential costs and providing some solid ideas for mitigating your risk.
It’s a malicious software, or malware, that encrypts your computer data, denying access until a ransom is paid. Typically, ransomware spreads through phishing emails or an infected website.
Recovery is a difficult process and frequently requires the services of a reputable data recovery specialist. Please be advised that paying the ransom is no guarantee that you will recover your encrypted files.
Homeland Security Cybersecurity and Infrastructure Security Agency (CISA) recommends the following precautions to protect users against the threat of ransomware:
In addition, CISA also recommends that organizations employ the following best practices:
Also available from CISA are Ransomware Security Publication, technical guidance on How to Protect Your Networks from Ransomware, and CISA's Awareness Briefings on Combating Ransomware, Joint Ransomware Statement, and CISA Insights – Ransomware Outbreak for more information.
Victims of ransomware should report it immediately to CISA at www.us-cert.gov/report, a local FBI Field Office, or Secret Service Field Office.
Part of your cybersecurity plan should include cyber insurance. We are ready to answer your questions and discuss your choices.
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Sources: Comparitech, CISA