How to Protect Your Business from Ransomware
Ransomware is a type of malicious software that encrypts files on a device or network, making them unusable until the victim pays the attacker a ransom. What started as a simple virus spread through floppy discs in the late 1980s has now evolved into a billion-dollar cybercrime industry. The following information will help you understand how to protect your business from ransomware. First off, all ransomware is malware, but not all malware is ransomware. The goal of ransomware, which is made possible by encryption technology, is to deny the victim access to their files and demand a ransom in exchange for restoring that access.
Even with new security measures in place, ransomware groups are constantly evolving and launching new ways to extort victims. As long as these gangs successfully get businesses to pay up, attacks will only continue to increase and expand. There seems to be an article or alert nearly every week dealing with some form of attack. Last week was Microsoft with the Outlook vulnerability. There was an alert for the trojanized version of the 3CX Voice Over Internet Protocol (VOIP) desktop client reportedly being used for an ongoing supply chain attack. 3CX is a VoIP IPBX software development company whose 3CX Phone System is used by more than 600,000 companies worldwide and has over 12 million daily users.
Luckily, there’s good news! With proper preparations, you can minimize the risk of a ransomware attack and mitigate the impact if an attack does occur. In this blog, we’ll explore the best defense against ransomware and provide you with practical steps you can take to start protecting your business today.
What are Some Best Practices and Precautions?
To protect against ransomware, the Cybersecurity and Infrastructure Security Agency (CISA) recommends the following precautions:
Regularly update software and operating systems with the latest patches.
One of the simplest yet most effective measures against ransomware is regularly updating your software and operating systems with the latest patches, cybercriminals often target outdated applications and systems. Keeping your systems up to date ensures security gaps and vulnerabilities are patched, making it much harder for attackers to find a way in.
Never click on links or open attachments in unsolicited emails.
Phishing emails are a common tactic used by cybercriminals to trick users into clicking on malicious links or downloading infected attachments. It’s essential to verify the sender and email content before clicking links or downloading files. If you ever receive an email from an unknown sender or a source you don’t recognize, it’s best to delete it immediately and warn your colleagues.
Back up data regularly on a separate device and store it offline.
Regularly backing up your data is an essential precaution to minimize the risk of data loss due to ransomware. Keeping a copy of your data on a separate device and storing it offline will help you recover your data after a ransomware attack. It’s also crucial to test your backup system regularly to ensure the data can be restored when needed.
Follow safe practices when using devices that connect to the internet.
Safe practices when using devices that connect to the internet include:
- Avoiding public Wi-Fi networks
- Not downloading files from untrusted sources
- Ensuring your firewall is turned on
It’s imperative to ensure that your device has up-to-date antivirus software installed and that you use a secure web browser.
More Recommendation on How to Protect Your Business from Ransomware:
Use Anti-phishing and email security protocols and tools: These can include email filters that can help block malicious emails before they reach your inbox.
Security awareness training: Regular security awareness training can help educate your employees to identify and avoid phishing emails and other common cyberthreats.
Vulnerability scanning: Routine scanning can help identify vulnerabilities in your systems and applications before attackers can exploit them.
Automated patch management: Automating patch management eliminates the need for manual checks for outdated software/systems, saving time and ensuring your systems are consistently up to date and secure.
Endpoint detection and response (EDR): EDR focuses on monitoring endpoints, such as desktops, laptops and mobile devices, for suspicious activity and responding to any detected threats.
Network monitoring: This involves monitoring your network for suspicious activity and responding to any detected threats.
Identity and access management (IAM): IAM helps manage user access to your systems and applications, ensuring users only have the access they need to perform their roles.
Strong password policies and good password hygiene: This involves implementing password policies that require users to create strong, unique passwords and regularly change them.
Partner to succeed
By partnering with Catalyst IT, you will have the peace of mind that comes with knowing there is a highly trained team of cybersecurity experts working diligently to keep your data safe. We can help you implement and maintain best practices, tools and technologies to protect your business against ransomware. Contact us today or call 877-843-9611 and let’s start securing your business against attacks. Catalyst IT is your “Proactive IT Management Provider”.