2021 is under way and further predictions have been made about the dangers of ransomware. A number of different areas have been highlighted for businesses to be aware of to ensure they remain cyber-safe this year and beyond. In 2020, the number of ransomware attacks jumped by 350% when compared to 2018, with downtime and the size of ransom payments also increasing by 200% and 100% respectively, over the same period.
Cybercrime groups are using pressure tactics to trick their victims into giving away their critical company data. This involves the use of urgent, emotive messaging to convince victims to act quickly. Social engineering is regularly used too, which sees cyber criminals manipulate their way into a business’ systems through claiming false credentials. While IT departments can lead efforts to prevent such attacks, through an increase in employee-awareness training and consistent back-ups, ransomware attacks have remained frequent as they carry a strong success rate. They vary from the likes of Ryuk, Egregor and Ragnar Locker, with each malware constantly evolving to keep companies on their toes.
Paying a ransom isn’t necessarily the end of the matter either. While criminals will often request thousands from victims in order for them to retrieve access to their systems, they may still retain confidential company data and sell it on the Dark Web to fellow criminals. At Neuways, we suggest ensuring your employees are involved in regular Phishing Awareness Training. This will help them to think safely when dealing with potentially corrupt communications, and help protect your business, as they will often be the first line of defence. Call Neuways on 01283 753333 or email us at firstname.lastname@example.org, to discuss further ways in which we can help meet your business’ cyber-security needs.