Ransomware Is Now a Household Name

May 15, 2017

Ransomware Is Now a Household Name

BY Richard Tulloch

Cybersecurity Ransomware

For those of you who are still recovering from Friday night, ransomware continued to cripple thousands of computers over the weekend, and, in particular, the National Health Service (NHS) in the UK. There have been reports of patients being ushered away at the operating table due do doctors not being able to access their patients records. And to twist the scapula into the Health Industry, attacks are expected to quadruple by 2020.

Ransomware, as the name suggests, is a type of malicious software that holds your data ransom. That ransom can be paid in the form of bitcoins with the aspiration of retrieving your decrypted files. The alternative is to have your data encrypted forever and lost into the abyss.

These vicious attacks on businesses are not performed by some kid in a basement anymore. Ransomware is a well organised, money making machine. Last year was a record year for the malware, with the total cost of ransomware rumoured to reach $1 billion for all of 2016. The hackers responsible are not the basement dwellers you might be envisioning. They are sophisticated criminal organisations, some with help desks to ensure high customer satisfaction and ease of payment whilst withholding your essential data.

With reports now saying that Australia has been hit, businesses here are greatly at risk of these malicious attacks. In data from Datto’s State of the Channel Ransomware report - APAC, we learned  that two-thirds of all attacks were made on small to medium sized organizations.

Here’s how to prevent ransomware from succeeding:

  1. Protect your computers from humans. We are the single biggest cause of infection.

  2. Make sure your Antivirus and software systems are up-to-date.

  3. Have a Backup and Disaster Recovery (BDR) solution in place. Trust us, this won’t be the last attack we see this quarter.

Preventing ransomware completely from getting into your computer is widely seen as impossible. It has become a ‘cat and mouse’ game similar to that of Wile E. Coyote’s.

Although we can not prevent it from getting in, we can prevent it from succeeding. Datto has the latest technology incorporating Backup, Disaster Recovery, and Business Continuity Solutions that can ensure your business does not experience downtime.

In a world significantly increasing its reliance on data, the need for Datto’s solutions are becoming imminent. 

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