And no sector, including the one allegedly protecting business from attacks, is immune.
But understanding current trends and patterns is key to being able to protect your own company and those you’re hired to protect. And if you know that 70% of network breaches are down to stolen credentials or weak passwords then you’re in a good place to understand how to keep the bad guys out of your data in the first place.
Simply put this is a malicious attack against a network where the criminals get access to data and either steal it, threaten to delete it, or encrypt it. The criminals will then demand a payment for the return of the data. Imagine how this could affect your business – sensitive financial data relating to your customers, suppliers or even your own company, commercially sensitive data relating to staff, the operating of your business or contacts with others - these could all be compromised or lost.
The reality is that ransomware is now viewed as a business model and many entities behind these attacks will present themselves as being on the same side as the victim. So, in return for the payment your business will often be supported through a process which will return the data that has been encrypted / stolen. It is worthy of note that paying the ransom does not guarantee the return of the data and certainly does not guarantee that it won’t be sold on or published at some point in the future. Also, your network will still be infected, and you are more likely to be targeted again in the future.
The paying of the ransom has moral and ethical undertones that may not be immediately apparent when you are faced with such an attack. Consider the fact that you may be financially supporting terrorists or criminals by paying the ransom.
Ransomware is always preceded by an attack on the network itself, commonly through use of stolen credentials, a phishing e-mail or brute force attack. These attacks are increasing in complexity and sophistication meaning that defence against these dark arts needs continual review. But the key points for protection to remember are:
The impact of a successful attack against your website or network can be catastrophic and lead to website downtime, loss of data and permanent loss of reputation. But all is not lost.
Here at the centre, we would recommend that you consider
If you are a business, charity or other organisation which is currently suffering a live cyber-attack (in progress), please call Action Fraud on 0300 123 2040 immediately. This service is available 24 hours a day, 7 days a week.
Please report online to Action Fraud, the UK's national reporting centre for fraud and cybercrime. You can report cybercrime online at any time using the online reporting tool, which will guide you through simple questions to identify what has happened. Action Fraud advisors can also provide the help, support, and advice you need.
Alternatively, you can call Action Fraud on 0300 123 2040 (textphone 0300 123 2050).
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