Ransomware – What it is and how it works?

Recent research found some startling facts about ransomware attacks in the United Kingdom. The study concluded that –

  • Over 48% of organizations in the UK came under a ransomware attack in 2021 alone.
  • More than 10% of the organizations ended up paying the ransom amount.

Moreover, the study also found that 32% companies in the UK have cyber security insurance that doesn’t provide any cover in case of a ransomware attack.

This is exactly why organizations must get aware about a ransomware attack. And, they must know how they can take active steps to prevent one from hitting their systems and files.

What is a ransomware attack?

It is highly unlikely that you don’t know what a ransomware attack is since it was quite the buzzword in the last year or so.

A ransomware attack uses a particular type of malware that blocks access to a victim’s system and files unless a ransom amount is paid. Often such attacks might also threaten to make public certain sensitive information about the victim unless a ransom amount is paid.

Not only is it frustrating to see but not be able to access all of your data on your very own system but, moreover, it is also quite a costly affair.

If you choose to pay the ransom, it can burn a deep hole in your pocket. And, if you don’t pay the ransom, you risk losing access to your system and files.

How to try to prevent a ransomware attack on your system?

Ransomware attacks have affected corporations, big and small. They have also deeply impacted governments all over the world. It is indeed quite difficult to prevent a ransomware attack.

However, what you can do is try and reduce the impact of such an attack by following some simple yet robust steps, such as –

  • Back-up, as often as needed 

One of the best ways to quickly recover from a ransomware attack (and, not pay the ransom at any cost) is to simply back up your important files now and then. So that even if your system falls prey to a ransomware attack, you can quickly revert to your latest backup and stay afloat.

  • Keep systems up-to-date 

Most ransomware attacks happen on systems that are running on previous versions or systems that are not using strong anti-malware software and tools. Ensure that your systems are up-to-date and you have adequate anti-virus and anti-malware protection.

  • Train your team 

Talk to your team members and counsel them about the risks that a ransomware attack poses to your organization. Make them aware of simple practices such as not opening attachments that come from a suspicious source. Or changing system passwords frequently. These practices can prevent a ransomware attack and reduce its impact as well.

Connect with us at Cretronix Effortless Computing 

Cretronix Effortless Computing is UK’s premier managed IT, service provider. Whether you want to understand more about the newest technology on the block or fix the IT problems in your office, we are just a call away. Connect with us at 01483 963 717 and let’s get started on fixing your IT problems.