Ransomware is such a major problem for computing-dependent organizations that even government agencies are getting involved, equipping businesses and organizations with tools to help themselves identify whether or not they are at risk of these attacks. The most recent addition to this group, the United States’ Cybersecurity and Infrastructure Security Agency (CISA) have made their Ransomware Readiness Assessment, or RRA, available as part of its Cyber Security Awareness Toolset.
Ransomware has been a scourge to businesses for years now, with it unfortunately experiencing a renaissance of sorts as the COVID-19 pandemic came to the fore. With increased phishing attacks and other means of spreading ransomware now taking advantage of the ongoing situation, it is all the more important that these attempts can be identified and mitigated.
Countless high-profile ransomware attacks have surfaced over the past several years, all against targets like manufacturers, pipelines, hospitals, and utility companies. Obviously, these attacks are a cause for concern, but some small businesses might make the mistake of thinking themselves too small to target. Unfortunately, this is simply not the case; we’ll help you protect your business from these devastating cyberattacks.
This past May, Ireland’s Health Service Executive—the organization responsible for providing healthcare and social services to the country’s residents—was successfully targeted by a major ransomware attack. Unfortunately, we are still talking about it now because the entire situation has forced us to acknowledge the aftereffects of such an event.
Ransomware is a threat that has seen exponential growth in recent years. We have witnessed it grow from a minor annoyance to a considerable global threat. Even the U.S. Justice Department has issued a declaration that they would begin investigating ransomware in much the same way that they would terrorism cases. Let’s take a look at how this policy could change the way your business should respond to these threats.
The recent hack of Colonial Pipeline has led to no shortage of problems, chief among them gasoline shortages all across the east coast of the United States. The pipeline’s operations may have been restored, but the question still remains: what could have been done to stop it, what can we learn from this incident, and what changes can we expect to see as a result?
Ransomware attacks are notorious for their expense to the victim—largely because of the various costs that come along with successful ransomware infections, including many that might not be expected at first. Let’s review some of these costs, if only to reinforce the importance of avoiding ransomware as a rule.