The Rise Of Ransomware Attacks And How To Prevent Them
The Rise Of Ransomware Attacks And How To Prevent Them
The rise of ransomware attacks has become a serious concern for individuals and businesses alike. These attacks have been on the rise in recent years, with cybercriminals using increasingly sophisticated methods to gain access to sensitive data and demand payment for its return. In this article, we’ll explore the issue of ransomware attacks, the damage they can cause, and some tips on how to prevent them.
The threat of ransomware attacks
Ransomware is a type of malware that encrypts a user’s files and demands a ransom in exchange for their release. These attacks can be incredibly damaging, as they can result in the loss of important data or even the shutdown of entire systems. According to a report by Cybersecurity Ventures, the global cost of ransomware attacks is projected to reach $20 billion by 2021.
One of the biggest drivers of the rise of ransomware attacks has been the growth of the Internet of things (IoT). As more and more devices are connected to the internet, the number of potential entry points for cybercriminals has grown exponentially. This has made it easier for them to gain access to sensitive data and demand ransom payments.
Preventing ransomware attacks
Fortunately, there are a number of steps individuals and businesses can take to prevent ransomware attacks. One of the most important is to keep software and operating systems up to date. This is because cybercriminals often exploit vulnerabilities in outdated software to gain access to systems.
Another key step is to educate employees on how to recognize and avoid phishing emails. These emails often contain links or attachments that, when clicked on, can download malware onto a system. By training employees to recognize these types of emails, businesses can significantly reduce the risk of a successful ransomware attack.
It’s also important to regularly back up data and store it in a secure location. This can help ensure that, in the event of a ransomware attack, data can be restored without the need to pay a ransom. In fact, a recent survey by Acronis found that companies that regularly back up their data are 3-5 times less likely to pay a ransom.
Conclusion
The rise of ransomware attacks is a serious threat to individuals and businesses alike. However, by taking the appropriate steps to prevent these attacks, organizations can significantly reduce their risk of falling victim to them. By keeping software up to date, educating employees on how to recognize and avoid phishing emails, and regularly backing up data, businesses can protect themselves against the damaging effects of ransomware attacks.
Data and stats:
- According to a report by Cybersecurity Ventures, the global cost of ransomware attacks is projected to reach $20 billion by 2021.
- A recent survey by Acronis found that companies that regularly back up their data are 3-5 times less likely to pay a ransom.
