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Five Things To Do To Prevent Ransomware
One of the biggest trends in cybersecurity in 2017 was in the increase and severity of ransomware. Indeed, 2017 is the year that ransomware made the Merriam Webster dictionary. The trend is expected to continue onto 2018. According to a report published by Cyberscoop, the average ransomware attack earned hackers over $1000 in 2017, up over 256% from 2016. Indeed, Cybersecurity Ventures predicts ransomware will cost organizations $6 trillion annually by 2021. While all this news sounds daunting, here are five things your organization can do to protect itself from ransomware. Don’t Pay the Ransom OK, this falls under the heading of what to do should you encounter ransomware. It sounds like a simple thing, the less people pay hackers for their data, the less likely these types of attacks are to occur. For some organizations, they see it as a cost of doing business. An IBM survey found that 70% of businesses victimized by ransomware have paid hackers to retrieve their data. It stands to reason, with so many willing to pay, this type of hacking is a very lucrative revenue stream for hackers. In fact, The US Department of Homeland Security Enterprise Performance Management Office (EPMO) warns against it for the same reason: “Paying a ransom is not a guarantee you're going to get access back to the system... that they're not going to demand more money on top of that.
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