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How Ransomware Attacks Your Business

How Ransomware Attacks Your Business

It is no surprise how malicious ransomware can be for a business, especially when the people behind these attacks can obtain full control over any business they choose to attack. Ransomware is a form of malware that locks your computer and encrypts your data, forcing you to pay a hefty fee to access your computer. During this time, hackers can steal data from the people or businesses they target just to force them to pay a price for the computers they own. In a rather dark way, ransomware developers are often like shrewd businesses, who offer the service of giving back their customers their stolen information for a price. This is a cruel practice and for some businesses, as it can be their demise. The nerds at TechStarters are here to inform you about the dangerous practices of ransomware today, who they target, and what you can do to stay one step ahead of a ransomware attack.

Much like with all malware, ransomware can appear hidden, infect your computer without your knowledge, and then activate, locking users out of their electronic device until a ransom price is paid. Around May 2017, the WannaCry ransomware virus targeted all computers that ran Windows 10 and is considered the most recent and devastating attack with over 300,000 infected computers worldwide. Computers that did not download the Microsoft security update were locked out of use. This attack crippled important businesses, including law enforcement agencies by exploiting a vulnerability.

In these instances, hackers use a process called cryptoviral extortion as a means of encrypting or locking access to their targets’ files. Because the hackers will have access to their computer, they would be able to extort anyone or any business. Fortunately, there are ways to prevent this as well as combat a ransomware attack. Simply put, preparedness is key when dealing with ransomware, so be sure your business is working with secure passwords and secure verification methods such as two-step authentication. Another key to defending yourself in the case of a ransomware attack is by having your data backed-up, either by cloud or via an external drive. That way, the virus can be removed by wiping the computer’s hard drive clean, and sensitive data can be recovered by means of restoring your backed-up information from an external source. Nevertheless, it also helps to have a great team of IT professionals to help you when problems get rough, and TechStarters has the team to keep your information protected and your business running safely online.