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How to Deal With Ransomware Attacks

The increasing frequency of ransomware attacks on hospitals, public utility companies, financial institutions, and various other private and public entities is a major source of concern.

Reports show that ransomware attacks are rapidly on the rise and 2016 saw a 50% increase in ransomware attacks over the previous year. 

Large corporations and financial institutions are the ones hardest hit by these kinds of attacks. Cyber criminals use ransomware to hold sensitive data of businesses hostage for large sums of money.

In order to safeguard their sensitive data, organizations all over the world are using creative new ways to backup up important information.

The latest technology is employed by multinationals and governmental agencies to guard their computer systems against ransomware and to protect the integrity of their data.

Ransomware

Ransomware are malicious programs that prevent people from accessing their own data. Hackers use ransomware to lock the important data of individuals and companies. Once a ransomware attack is in effect, the hackers responsible demand large amounts of money from victims, threatening them to delete their data if they fail to comply.

The following are the two main kinds of ransomware that are used in cyber-attacks:

  • Encrypting ransomware: This type of ransomware uses complex encryption algorithms and cannot be deciphered easily.
    Hackers provide the victims of the attack with the key to decoding the encryption once they have been paid the ransom amount.
  • Locker ransomware: This ransomware type prevents users from accessing their computers by locking down its operating system.
    Locker ransomware is not as common as encrypting ransomware, but it is equally effective in paralyzing computer systems.

 

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Dealing with ransomware

In order to minimize the threat posed by ransomware attacks, the safety measures given below should be followed:

  • Never click on suspicious links as the act can automatically download malware onto your computer and infect it without you knowing about it.
  • Never use an administrator account on a public network.
  • Turn off all macros in the Microsoft Office suite
  • Use plug-ins (like Adobe Flash and Java) carefully when working online. If a suspicious site wants to activate a plug-in, ignore the request and leave the site immediately.
  • Use ad-blocker to shield your computer from ads containing malware.
  • Use an ad-blocker to avoid malicious ads.
  • Avoid using pirated software
  • Never open PDF files from unknown sources
  • Avoid opening emails that are spammed to you or the ones that originate from an unknown source
  • Use the latest anti-ransomware security tools to safeguard your computer from malicious attacks.
  • Create multiple data backups to ensure that you have access to your sensitive information at all times

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Creating effective backups

A major misconception about the creation of multiple cloud backups is that the process is expensive and not financially feasible. On the contrary, cloud-to-cloud backups can easily be achieved without spending much money.

Many leading cloud storage services offer inexpensive cloud-to-cloud backup options that can create multiple copies of your data without hurting your company’s budget.

When creating a backup for your data, keep the following things in mind:

  • Don’t forget to include all your important files and documents.
  • Update your cloud data backups on a regular basis.
  • Modern backup software programs have an auto-update option that enables you to update your cloud data repositories in real time. Make sure that this option is enabled. In this way, you won’t have to worry about losing the data you are currently working on.

CloudBacko is a reliable data backup software solution that allows you to safely backup your important data. It also has efficient SQL backup and Office 365 backup capabilities and offers cost-effective cloud-to-cloud backup services.

For more information about CloudBacko, call: +852 3580 6976.