How to Protect Your Business from Ransomware Attacks

Ransomware remains a massive threat to small to medium sized businesses with only 1 in 4 attacks reported to the authorities.

A lack of cybersecurity education is the leading cause of successful ransomware attacks, with phishing emails the top delivery method followed by malicious websites, web ads, and clickbait.

The aftermath of a ransomware attack can be crippling for an SMB. Mainly due to the amount of downtime which can be 10x greater than the cost of the ransom requested.

So, what can we do to prevent an attack I hear you ask?

Unfortunately, no one is immune from an attack… HOWEVER, with these 4 steps, you can better prepare your business in the likelihood of a ransomware attack.

Step 1.

Backup your data!

You must have a disaster recovery plan. Everyone makes mistakes, emails containing viruses are opened every day, and important files are often deleted by mistake. If you are taking frequent snapshots of your data, you can simply restore to a snapshot before disaster struck.

90% of businesses without a BDR solution do not recover from a disaster!

Step 2.

Patch & Update!

A patch is a set of changes to a computer program or its supporting data designed to update, fix, or improve it.

Unpatched software puts your entire network at risk because malware takes advantage of software vulnerabilities in common applications, like operating systems and browsers.

Ensure that devices and systems are regularly updated with the latest security patches, do not make do with default configurations, and take the time to disable any features you do not need.

Step 3.

Educate your employees!

Phishing emails are becoming increasingly accurate. You need to train your staff so they can differentiate between a legitimate email and a malicious scam. Think before downloading or opening attachments and double check the email address.

Just because the name might be familiar to you, does not mean it is coming from the same person.

Hover over or click the name to reveal the email address and make sure it checks out!

Step 4.

Invest in quality antivirus software!

New viruses are created every day, and it is the antivirus software’s job to keep up with the latest threats.

It protects the computer from incoming threats and seeks out, destroys and warns of possible threats to the system.

Buying a new computer can be an expensive investment. Antivirus and security software, on the other hand, is available at relatively affordable prices. Investing in high-quality antivirus and security software is like buying an insurance policy for your computer and your important data.