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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 Nowadays, a lot of ransomware is designed to go undetected, especially for businesses using outdated security software.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?

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Elizabeth Mitrani
Elizabeth Mitrani
17:23 06 Aug 19
Palindrome Consulting was key in establishing my business and helps me keep it running. They are the consummate... professionals, incredibly knowledgeable and are always available to help. They have gone above and beyond to ensure that I was up and running quickly and that any issues that may arise on my end or dealt with immediately. I highly recommend Palindrome Consulting.read more
Moshe Rubinstein
Moshe Rubinstein
14:57 28 Jun 19
They are there every step of the way. Responsive and timely. The full service mentality mixed with the problem solving... abilities, is what makes them an easy choice.read more
Benjamin Wainberg
Benjamin Wainberg
14:09 28 Jun 19
Palindrome Consulting is customer centric. For Palindrome Data Safety is paramount; they keep their and our systems... updated with the newest technologies and are not shy at changing to better alternatives. Their platforms are always running and in the odd case there is an event, their technical team has an awesome response time.read more
Copier Man
Copier Man
13:56 28 Jun 19
We have been using Palindrome since 2005. They make my company feel like we are #1 all the time. Expert staff are... always available to help all my users all around the country.read more
Nelson T
Nelson T
20:32 25 Jun 19
Palindrome Consulting has proven itself time and time again to be the epitome of professionalism and technical... expertise. They take the time to listen to your needs and then apply their wealth of technical knowledge to create truly innovative and robust solutions. They truly deliver piece of mind.read more
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