2021 Trend Watch - Ransomware Never Goes Out of Style
Nov 3, 2021 9:00:00 AM
Tech Tip: Watch Out For this Cybercriminal's Favorite Tool
Ransomware is the monster under the bed that every company should be worried about these days.
From stealing data, disrupting operations, and even nation-state hacking, ransomware was a favored tool of cybercriminals worldwide in 2020. It doesn't look like it's slowing down anytime soon.
Ransomware surged at the start of the pandemic, with an incredible 148% increase in attacks in March 2020 alone. In Q3 2020, researchers estimate that cybercriminals successfully completed at least 1 new ransomware attack every day. That’s not a trend that your business wants to get in on.
Protecting your business from cybercrime like ransomware starts with building a strong cybersecurity culture. It’s important to make sure that every employee is up to date on the latest threats and following cybersecurity best practices – after all, they’re part of your security team too.
Using your best defense, your employees, and advocating for security awareness training helps employees learn to spot and stop phishing attempts and phishing messages. Did you know the number one delivery system for ransomware is phishing attempts? Plus, adding a secure identity and access management solution like a password manager adds powerful protection against cyberattacks including ransomware by adding multifactor authentication, a recommended risk mitigation by CISA and other experts.
Take smart steps now to ensure that your business doesn't fall victim. No company can afford to be a part of the expected wave of continued growth in ransomware attacks in 2021.
Contact us today and evaluate your businesses cyber risk.