“To be honest, we often advise people just to pay the ransom.”– Joseph Bonavolonta
Ransomware has been a prominent threat to enterprises, SMBs, and individuals since mid-2000s. In fact, there are more than 7,600 ransomware attacks reported to the Internet Crime Complaint Center (IC3) between 2005 and March of last year. Backups to protect from cyber attacks learn some ransomware mitigation strategies to get your data secure.
Ransomware is a type of malware that restricts access to the infected computer system in some way and demands that the user pay a ransom to the malware operators to remove the restriction. Some forms of this systematically encrypt files on the system’s hard drive, which become difficult or impossible to decrypt without paying the ransom for the encryption key, while some may simply lock the system and display messages intended to coax the user into paying. Ransomware typically propagates as a trojan, whose payload is disguised as a seemingly legitimate file. All the large IT firm maintains CASB at their end that helps them to any type of illicit activity on their platform.
The authors of ransomware instill fear and panic into their victims, causing them to click on a link or pay a ransom, and inevitably become infected with additional malware, including messages similar to those below:
As per study on an average, there are approximately 30,000 attacks of ransomware occurring every day across the globe. The incidents have increased 113% compared to previous year. This attacks amass an estimated $1 billion in hostage fees per year. The ransomware mitigation strategies help the user to prevent and cure all such attacks.
These type ransomware attacks cause a lot of data loss and leakage that can cause harm to any level. The data analyst should know the tactics that can help their data center to protect their important data.
The following solutions are suggested by most of the leading agencies
If you back up, verify and maintain offline copies of your personal and application data, ransomware scams will have limited impact on you. If you are targeted, instead of worrying about paying a ransom to get your data back, you can simply have your system wiped clean and then reload your files.
Cloud Codes End Vault 1 allows the enterprise to quickly roll-out backup of their endpoints (laptop/desktop) within their enterprise with no dependencies of hardware or software. Critical data is backed up on cloud thus adding one more layer of security as data is not within the enterprise network thus impact of attack will not spread to backup storage. Device level, as well as file-level restoration, is available. CloudCodes Vault1 will be the right step towards preparedness against ransomware.