fbpx

Home

About Us

IT Services

Cybersecurity

News & Events

Blog

Support

Contact Us

Blog
  • Register

CoreTech Blog

CoreTech has been serving the Bowling Green area since 2006, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

When It Comes to Ransomware, It's Best to Avoid It

When It Comes to Ransomware, It's Best to Avoid It

Ransomware is widely regarded as one of the worst modern cyberthreats out there today, and there's plenty of evidence to support this. These attacks and their aftereffects can devastate businesses of all industries. Let's consider why it is that ransomware is so dangerous, and what can be done to fight it. 

Ransomware operates by playing a high-level game of keep-away. By applying military-grade encryption to the data on a targeted device, ransomware renders its victims powerless to use this data until a ransom is paid. Only after the demanded funds have changed hands will an attacker allegedly provide the necessary keys to decrypt the data… but whether or not they bother is another question entirely.

On the surface, it sounds like a simple problem to solve—the ransom could arguably be just another cost of doing business, right? Wrong. The demanded ransom is typically beyond the means of a small business by multiple decimal points, and again, there is no guarantee that your data will be restored. By paying, you could easily be giving the person responsible for halting your operations the rest of your business' resources.

This is precisely why it is best practice to never pay the ransom… something that hackers make more and more challenging. Some have begun to implement a method called "double-extortion." In addition to demanding a ransom to decrypt the data, an attacker will then demand that they be paid again, or else they'll leak a business' data online.

This puts an impacted business between a rock and a hard place. On the one hand, not paying could end quite badly for their organization, but on the other, they still have no guarantee the hacker will stay true to their word and they'll be funding later attacks and improvements to them.

It also needs to be said that ransomware introduces a mess of challenges where compliance is concerned. It's a safe assumption that a lot of your stored data is sensitive in some way, so if it winds up leaked, you could be facing some regulatory fines for breaking compliance.

At the end of the day, the best way to protect your business from ransomware is to not be infected in the first place. Along with user education, advanced security measures and multi-factor authentication are useful ways to prevent infection. We can help you put these protections in place. Call (270) 282-4926 to learn more.

Unified Communications Help in the Office and in t...
Keep Moving Forward with Comprehensive Monitoring ...
 

Comments

No comments made yet. Be the first to submit a comment
Guest
Already Registered? Login Here
Guest
Tuesday, May 24, 2022

Captcha Image

Cyber Security Tip Of The Week

 

Mobile? Grab this Article!

QR-Code dieser Seite

Understanding IT

IT can be a complicated thing - trust us, we know. With so much terminology and moving parts to keep track of, there are a lot of concepts that can be tricky to grasp without a little guidance. We’re here to provide this guidance with a few brief guides to key IT topics. Check them out here.

Contact Us

Learn more about what CoreTech can do for your business.

Call Us Today
Call us today
(270) 282-4926

1711 Destiny Lane
Suite 116

Bowling Green, Kentucky 42103