Why Ransomware Could Cripple Your Business

Imagine, the business you built tirelessly for the last 5, 10, maybe 20 years, could be gone in a few seconds. Scared yet?
We hope you are. It’s already happening. It’s not slowing down. The last few years we’ve seen increase in ransomware in the papers. We don’t’ think you quite understand how severe yet though.
Ransomware isn’t just about losing data – it could quite realistically cost you your entire business. It’s simple. If I was the attacker – I lock your files, you can’t access it without a key. I request for a payment in exchange for the key. If you valued your business and your data, you will be paying me whatever amount I ask for. If I’m feeling kind, I will give you the key, and you get your data back.
At what cost? The payment requested by the attacker could be a significant percentage of your business’s cash flow. If you were unlucky your sensitive data (possibly your intellectual property) could be stolen and disseminated across the web.  If you were really unlucky, you don’t even get the key back, after shelling out huge amounts of money – rendering your entire business useless and you have to build you database all over again.
As long as there are data, and as long as there is information, people will be targeting them. It’s an information world after all. And that’s why it’s essential to have a backup plan – literally. Backup is the best defence against ransomware. Locked? No problem. Recover from your backup and its business as usual. Most ransomware attacks are about money – and that’s the end game. If you didn’t need to pay the money to retrieve your data, the data becomes useless for most attackers.
That’s why we’ve teamed up with Barracuda to bring you this Checklist on Ransomware.  

For more information on Ransomware, visit here

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jamesblackjunior@gmail.com's picture

We were infected with new variant of Locky ransomware -http://myspybot.com/osiris-files-virus/ After that we started to train our employees with fake phishing emails. The click rate dropped tremendously.