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Winter Journal

Volume 32, Issue 4

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Monday, 27 June 2016 00:00

Protect Your Business Against Ransomware


As a BC/DR professional, you are without a doubt aware that ransomware has impacted many businesses over the past few years. Downtime associated with ransomware can be costly. The malware, which encrypts data on infected systems, has become a lucrative tool for cyber extortionists. In a recent study conducted by security software vendor McAfee Labs, researchers identified more than 4 million samples of ransomware in Q2 of 2015 alone, including 1.2 million new samples. That compares with fewer than 1.5 million total samples in Q3 of 2013 (400,000 new). So, yeah, ransomware is on the rise and you need to prepare for it. There are a few dominant types, or families, of ransomware in existence. Each type has its own variants. It is expected that new families will continue to surface, because ransomware is constantly evolving to avoid detection by security software products. Cyber criminals behind ransomware are constantly adapting code to