As we look back at the year that was, one cannot ignore the growing prominence of Ransomware within the IT Security community. The dramatic surge of ransomware attacks has been outlined within headlines all across the country as cyber criminals continue to perfect this method of extortion in which no person or organization appears to be exempt from today.
The news is filled with examples of companies being exploited by cybercriminals’ ransomware attacks, left with their information held hostage unless they pay a hefty fine. While you may think that ransomware can’t happen to your organization, or isn’t as widespread as it may seem, think again.
Surely you’ve seen rampant news reports of malware breaches and incidents of cyber hacking at enterprises around the world. From hospital hackings to financial services heists, digital criminal activity is a very real threat in today’s business climate. Read on for the details your enterprise needs to know about malware, in addition to three tips to protect your organization.
In 2016, network security has been a topic of concern entering conversations in enterprise boardrooms across the world. With many recent high-profile hacks, security breaches and incidents of malware and ransomware, it’s no wonder organizations are quickly seeking strategies to beef up their security and avoid threats. Read on for five tips for improving enterprise network security.
Newscasters seemed rattled by the news last week that Hollywood Presbyterian Medical Center paid hackers $17,000 in Bitcoin to regain access to a key system.
This is no surprise for security insiders. Ransomware for enterprises is a top trending threat. In fact, the center’s ransom pales in comparison to the $123,000 in Bitcoin demanded from a New Jersey school district in 2015; the district decided instead to rebuild systems from backups.
Security analysts say that anywhere from 3 to 40 percent of ransomware victims pay up. The FBI, the agency responsible for investigating ransomware, has no way to help. Instead, the FBI recommends paying the ransom if the victim has no unaffected backup from which to restore files. Several police departments have paid ransoms.
