Protecting Your Business Against Ransomware
The Average Ransom Demand is a Staggering $166,000 – A Lot of Money for Businesses Trying to Grow and Remain in the Marketplace Long-Term…
Ransomware is on the rise with a multitude of variants existing nowadays. In the past few years, we’ve seen a number of prominent corporations become the target of cybercriminals delivering sophisticated attacks – demanding an average ransom of $166,000 – a lot of money for businesses trying to grow and remain in the marketplace long-term. Nowadays, a lot of ransomware is designed to go undetected, especially for businesses using outdated security software. Here are some of the most well-known variants of ransomware you’ve likely heard of before:
- WannaCry
- Locky
- Kriptovor
- Cyrptolocker
Do any of these ring a bell? Essentially, cybercriminals hack into your system, encrypt all of the valuable files and/or resources, then demand you pay a ransom fee in exchange for the decryption key. In some cases, the victim manages to clean the ransomware out of their system but they’re still left with encrypted files.
This is what makes ransomware so difficult to recover from, and unfortunately, paying the ransom fee isn’t alway a guarantee of receiving the decryption key. After all, you’re dealing with dangerous cybercriminals who aren’t exactly honest, morally-sound people.
How Does Ransomware Infect Your Network?
Prevention is always the best way to stay safe in today’s evolving world of cybercrime. So you’re probably wondering, “how does ransomware spread?” Typically, cybercriminals will trick someone into downloading a malicious software that executes the attack. This may be done via the following:
- A malicious email attachment sent via a phishing email that tricks the user into thinking it’s a legitimate file from someone they know or trust, such as the government or bank.
- A malicious website wherein the user is convinced to click on a link via a phishing email or pop-up – and the link brings them to a malicious website that lets the cybercriminal into the network.
How Does Palindrome Consulting Protect Businesses Against Ransomware?
Palindrome Consulting has over 20 years of experience working with companies throughout Fort Lauderdale and surrounding areas in South Florida. We have one main priority: helping our clients operate as efficiently as possible. In this endeavor, it’s integral that we keep you safe against all sorts of threats. We start with monitoring your network around-the-clock to detect and resolve any sort of issues. We also maintain your systems on a regular basis to prevent vulnerabilities from being exploited.
Our team of cybersecurity experts stay ahead of the latest threats to make sure our cybersecurity solutions are able to defend against them. This includes:
- Anti-virus software
- Firewalls
- Intrusion detection software
- Web content filtering
- Anti-spam software
- Encryption
- Backups (onsite and offsite in the cloud – away from the network)
- And much more
In addition, we train your employees on the latest threats, best practices, and overall, how to stay safe while using your technology.
Palindrome Consulting Keeps Fort Lauderdale Businesses Safe Against Cybercrime. Contact Us at (305) 944-7300.
Like this article? Keep reading:
Understanding IT Security Threat Mitigation
What Options Are Available for IT Services in Fort Lauderdale
Cloud Security for End-Users: Is the Cloud Safe to Store Your Data In?
About the author Ilan Sredni
Ilan Sredni, President of Palindrome Consulting, a well-respected business leader, author and Co-Host of the Brilliant Business Radio Show specializes in technology for high caliber businesses, law firms and medical practices.
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