The tech industry is always growing. Consequently, there are more reasons to stay vigilant with the introduction of new cyber attacks such as ransomware. According to Merriam-Webster, ransomware is a type of malware that requires victims to pay a ransom to access encrypted files. The first recorded ransomware attack was in 1989. However, it has boomed into something larger than when it first made its attack. In 2005, ransomware made itself widely known by making the most causalities to unsuspecting victims. With ransomware attacks becoming more prominent, it’s important to be wary and knowledgeable about it in order to protect yourself.
Not only can ransomware be quite pricey, but it also can be detrimental to the flow of your business. It isn’t as simple as avoiding phishing emails anymore. It is crucial that your business and company protect themselves from ransomware especially in an age where developers are now creating more sophisticated ransomware. Occasionally, sensitive information held by ransomware was never decrypted despite the business or company paying the ransom. Due to the potential profit, cybercriminals are driven to create and utilize ransomware therefore pushing for innovation with sophisticated ransomware.
Besides the three indicated ways to protect your business and company from ransomware, another great way in protecting yourself against the next ransomware attack is to avoid ransomware distribution tactics. These include phishing attacks, drive-by downloads, and spoofed websites. Additionally, keeping up-to-date on the most recent attacks and educating yourself on how to protect yourself will help in the long run.