One of the biggest assumptions made by charities around cybercrime is that they won’t be affected as they don’t have anything of value to hackers and scammers.
However, the alarming reality is that over a third of charities in our region have experienced a cyber-attack during the course of the pandemic. Here we will look to explore what charities should have in place to reduce the likelihood of falling victim to an attack.
You might wonder why scammers and hackers target charities, considering that these organizations aren't usually swimming in cash. However, what makes charities attractive to these cybercriminals is the treasure trove of personal records and sensitive data they hold. If such information were to be exposed, it could seriously tarnish the charity's reputation and make it difficult for them to raise funds for their important causes in the future.
Adding to the appeal, almost half of all charities have weak or no cybersecurity measures in place. This makes them easy targets for hackers. Charities rely on public trust, with people believing that their donations will go towards making a positive impact. If that trust is shattered, it can have a devastating impact on the future operations of the affected charities.
It is a piece of software that gains access to your network – usually through a phishing attack – and once installed it will either, steal, delete or encrypt data. The attack is commonly followed by a request for money to get your data back or to decrypt it in place within your network. Don’t pay and the data will be published – causing huge reputational damage, or it will be lost forever – impacting on the charities ability to function.
And let’s be very clear about this. The underlying reason for ransomware attacks happening at all is so criminals can make money – they don’t care whether paying the ransom will prevent that organisation from funding a piece of life-saving equipment at the local hospital. They just want your money.
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.
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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