[ Get a copy of the 'Ultimate Ransomware Battle Guide' here: http://esilo.com/ransomware-ebook ]
I often get asked what businesses need to mount the best ransomware defense: Data Backups.
In this short video, I cover 3 reasons why a data backup is the single best ransomware defense strategy you can have. If you have questions after watching, I’d be happy to answer them in a 15-minute Q&A call. You can schedule at meetcathy.com.
We've all heard about the attack on the Colonial Pipeline, but did you know these ransomware attacks have been increasing in frequency and severity for years? Many attacks just don’t make the news.
Last year, ransomware attacks increased significantly, with the FBI citing over 2,400 attacks and losses greater than $29 million.
Ransomware is a type of malicious software, or malware, that encrypts data on a computer making it unusable. A cybercriminal, or hacker, holds the data hostage until the ransom is paid.
If the ransom is not paid, and the victim doesn’t have an alternative method of recovering their data, the data remains unavailable--lost forever. Cybercriminals may also pressure victims to pay the ransom by threatening to destroy the victim’s data or to release it to the public.
So what can you do to protect yourself?
In addition to the typical security measures like email protection, anti-virus, and end-user security training, your best ransomware defense is a solid set of data backups.
A data backup is going to give you 3 critical protections against ransomware.
First, the goal of ransomware is to scramble your data, making it unreadable and holding it hostage until you pay. When you have your own data backup, you don't need to pay. You already have a copy of your data locked away in a safe place that you can restore.
Second, when you restore a system from a backup, it’s like having an “undo” button for the ransomware. It reverses the effects of the attack and restores the system to a pre-infection state before any malware was installed.
Lastly, ransomware attacks often lead to cybersecurity insurance claims. And most carriers today are requiring that you maintain good data backups as a condition of coverage. So even if you're able to escape the ransomware incident relatively unscathed, any claims you file to cover business disruption, forensic costs, etc may be contingent upon the demonstration of good data backups.
I wrote a short ebook on ransomware. If you're interested in this topic and want to know more I invite you to claim your free copy of the ebook at http://esilo.com/ransomware-ebook
If you’ve watched this and have questions on how to start saving solid, ransomware-proof data backups, I’d love to chat with you. I’m always available at http://meetcathy.com
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