A recent report from cyber security company Sophos has uncovered some disturbing trends in the advancement of online crime. The report found that teams of online criminals are now turning to targeted ransomware attacks as a means of earning millions of dollars from businesses and high-value individuals.
The report by SophosLabs also suggested that cyber criminals are manipulating flaws in Windows systems admin tools as a means of stealing sensitive information and of delivering ransomware. Once activated, the ransomware will cut off access either to the entire system or specific files until the user delivers a ransom payment – usually paid for in untraceable currency such as BitCoin. However, there are no guarantees that a payment will mean your data will be restored.
Following a string of worrying malware strains released last year such as Meltdown, Spectre, Foreshadow, Petya, NotPetya, X-bash and WannaCry, it is important that businesses have protocols in place to defend against and minimise damage carried out by a ransomware attack. Here are just a few things that you can do.