Ransomware is increasingly having a drastic impact on productivity across all areas of infected businesses, making it a threat we cannot ignore. As new strains are constantly created, technology which has the intelligence to keep up is crucial.
There are two areas that need to be focussed on in order to minimise negative impact:
- End user education
Ransomware comes in at the front line, targeting end users, locking them out of devices and rendering them useless. It is crucially important that there are best practices and processes in place for dealing with this rather than simply paying the fine and increasing chances of further attacks.
- Keeping up to date with effective AV
What protected you yesterday may not protect you tomorrow or next week. New strains are constantly being developed to outwit the defenses we put in place. Ensure that you are using next generation antivirus software that blocks malicious files pre-execution.
Updating software and educating end users is often at the back of the line of priorities, but with the threat of ransomware regularly increasing, this needs to change.
Ransomware is a malware agent that turns encryption algorithms into weapons. It encrypts targeted PC files that render those files or whole browsers unusable. The ransomware program then extorts payments from users by offering a decryption solution for a fee. Sometimes the program will employ a screen-lock with fake law-enforcement logos, usually of the FBI. The program will charge the users with doing something illegal and impose a “fine.” Reportedly the “law-enforcement” version has a much higher success rate than other variants.