It’s Time to Bust These 4 Ransomware Myths
Attacks by ransomware are growing more regular, sophisticated, and expensive in the modern digital era. Organisations like yours must actively protect your data and systems since hackers are continuously changing their strategies and targeting businesses of all sizes. Sadly, a lot of businesses believe popular ransomware fallacies, which can make them vulnerable to attacks and ill-equipped to handle an issue when it occurs.
In this article, we’ll dispel four of the most pervasive ransomware myths and provide you the precise details you need to safeguard your company. Knowing the truths about ransomware and implementing preventative measures will reduce the danger and make sure you’re ready to take on attackers.
Top Ransomware Myths to Bust
Without further ado, let’s debunk the ransomware myths you should avoid at any cost:
Myth #1: If my business gets hit with ransomware, I’ll pay the ransom and return to business.
Many businesses believe that paying a ransom is the quickest and easiest way to recover encrypted data. However, that’s just a dangerous assumption.
Receiving the decryption key after paying a ransom does not ensure that the attackers would follow their word. However, paying a ransom just motivates online criminals to launch additional attacks in the future.
The best method to safeguard your company is to have a reliable backup plan and an extensive cyber security plan in place.
Myth #2: My backups will get me back up and running if I get hit with ransomware.
Although backups are crucial to preventing ransomware, it is a fallacy to believe that backups will always come through. As part of their attack plan, cybercriminals have improved their techniques for compromising backup files.
Cybercriminals are increasingly using double extortion operations to steal data as well as encrypt it. As a result, even if you have a backup plan in place, your data may still be at risk if hackers threaten to release personal information unless a ransom is paid.
Myth #3: My antivirus software (or any other security solution) provides complete protection from ransomware attacks.
A comprehensive defence against ransomware includes antivirus software, yet it is ineffective as your only defence. It’s a risk to rely solely on one security tool to protect against ransomware. There is no magic bullet for ransomware. Yet, putting a defence-in-depth plan into practise can assist your company in creating the strongest defence possible.
Myth #4: My business isn’t a target for ransomware attacks.
Many businesses believe that because they are too small or not valuable enough, they aren’t a target for ransomware attacks. But this is a mistake that puts your business at risk. The truth is that businesses of all sizes and in all sectors have valuable data that hackers can use against them.
Hackers have broadened their target market as a result of the development of more effective and sophisticated cybercrime, making businesses of all sizes prime targets. The greatest defence is to act as though your business is a target and take proactive steps to safeguard your systems and data.
Partner to succeed
Taking proactive measures to secure your data and systems can considerably lower the risk of being a ransomware victim, even though no security solution is fool proof. We can assist in making sure your business is well-equipped to handle ransomware and other online threats. Feel free to contact us for a chat about how we can help protect your business.