How to Protect Your Business From Ransomware Attacks

cyber security ransom attacks ransomware attacks Mar 23, 2022
How to Protect Your Business from Ransomware Attacks

With the recent proliferation of cyber attacks, businesses need to act proactively to protect their data. But what is the best way to achieve this?

The first step is to understand what a ransomware attack is. In broad terms, ransomware is a piece of software designed to trick you into surrendering or volunteering your information to later use it against you maliciously. 

What makes ransomware so pernicious is that it can appear in many different ways, from chaining passwords, rerouting money, or as a heavy-handed request for you to provide compensation to return your items to normal.

Ransomware attacks can ask victims to pay sums higher than $50,000, so it’s easy to see why they can be so harmful, especially for small businesses.

While some companies do have sponsored cybersecurity insurance, it’s also essential for all organizations to be proactive and offer their employees training on how to spot ransomware attacks.

Another way to prevent ransomware attacks is to regularly back up your business’s and personal information, preferably in a separate location.

If you want to learn more strategies small businesses can adopt to detect and prevent ransomware attacks, don’t miss this week’s episode of While We Were Working!

Sommer and Joey discuss why small businesses are an ideal target for ransomware attacks, how to detect them, and the action steps organizations need to take in order to protect their information. 

Joey and Sommer also share their views on pay transparency. Should salaries be transparent within the organization? What are the pros and cons of pay transparency?

Tune in to find out! 

 

Additional Resources

📰 Article in question: 

https://eu.usatoday.com/story/money/business/smallbusiness/2022/03/04/small-business-ukraine-russia-ransomware-attack/9379667002/

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