Introduction

Ransomware is a type of malware that encrypts your data and makes it inaccessible, then demands you pay for the decryption key. Ransomware has been around for years and still continues to be one of the most dangerous threats on the internet. In fact, according to Symantec’s Internet Security Threat Report 2017, ransomware alone accounted for 78 percent of all attacks in 2016. And these attacks aren’t just happening at home—they’re also happening at work! With more people using cloud storage services such as Dropbox or Google Drive at work than ever before (and losing access to those files if they get infected), this means an increase in exposure for organizations large and small: reducing or eliminating exposure should be a top priority for your IT department this year

Ransomware is an old threat that’s getting worse.

Ransomware is malicious software that runs on an infected computer and encrypts its files, making them inaccessible to the user. To regain access, the user must pay a ransom, typically in Bitcoin or another cryptocurrency. The malware encrypts all files stored on a computer’s hard drive and overwrites them with random data so that they can’t be recovered without paying up.

It’s important to note that ransomware is not new—but it’s getting worse. In fact, security researchers estimate that one in four American companies will fall victim to ransomware in 2023 (according to research by Carbonite).

It’s now easier than ever to get your hands on ransomware and it’s not just hackers that are using it anymore.

Ransomware has become a serious threat. It has become easier than ever to get your hands on ransomware, and it’s not just hackers who are using it anymore. There are many different types of ransomware, but the most common form is simply called “ransomware.”

Some experts believe ransomware will continue to evolve in 2023.

Some experts believe ransomware will continue to evolve in 2023.

Ransomware is expected to remain a major threat to businesses and individuals alike. While there are steps you can take to mitigate the risks, it’s important that you understand how ransomware works in the first place.

Preventing infection is key, but you can make your recovery plan easier.

To protect yourself against ransomware, you can help yourself by:

  • Backing up your data regularly. This is an important part of backing up your computer. Ransomware often encrypts files and then demands payment to decrypt them, so you want to be able to restore any files that are encrypted without paying the ransom or risking losing valuable information.
  • Using strong passwords. It’s also important to use strong passwords for all accounts on your devices—including work accounts—and avoid reusing passwords across different sites and services (also known as “password reuse”). And remember that a password manager like LastPass can help generate complex passwords for you so that if one account gets compromised due to weak security, it won’t result in access to all of them at once.
  • Enabling two-factor authentication (2FA). If available from an account’s settings page, enabling 2FA adds another layer of protection against hackers gaining access even if they have stolen a user’s login credentials for an account; this makes it more difficult because they would need both independent pieces of information (the password plus a secret code) before being able to log into the account successfully from another machine or mobile device..

Even if you get hit by ransomware, there are steps you can take after the fact.

Even if you get hit by ransomware, there are steps you can take after the fact to ensure that you don’t lose your files forever.

Back up your data. Even if you’re getting hit by ransomware, it bears repeating: back up your data! A good backup solution means that even if the malware encrypts all of your files and deletes them, there’s still a copy somewhere else that can be restored when the time comes.

Use antivirus software. Make sure you have anti-virus software installed and updated on any computers or servers in use at home or work so they can detect new threats like this as they emerge. For extra protection, consider using a cloud-based solution like Trend Micro Worry-Free Business Security or Microsoft Cloud App Security (formerly known as Azure Advanced Threat Protection). These tools will scan emails and other communications for any signs of phishing attacks designed to spread ransomware across an entire organization’s network infrastructure before it does damage to anything valuable—like all those precious photos and documents stored safely away in OneDrive accounts!

Make sure you have a good backup solution. It should be regularly tested against its ability to restore data from backups in case something goes wrong during normal operations — especially after installing new software updates/upgrades.”

The rise of ransomware is a serious threat to businesses and individuals alike, but there are steps you can take to mitigate the risks.

  • For businesses, the best way to avoid ransomware attacks is by implementing a comprehensive cybersecurity strategy.
  • Good antivirus software can help protect against many types of malware, including ransomware.
  • A good web filter and email filter will keep your employees from ever coming across an infected link or file in the first place.
  • 2FA (two-factor authentication) will make it harder for hackers to get into your accounts without your approval.
  • Up-to-date backups are essential; if you don’t have any backups at all, consider getting some made!
  • Finally, make sure you have a good disaster recovery plan in place so that if something does happen to your data—whether through accident or attack—you’ll be able to get back up and running quickly with minimal loss of productivity

Conclusion

Now that you know what ransomware is, how it works, and what you can do if your organization gets hit by it, there’s no excuse not to be prepared. Take the time now to educate yourself on this growing threat so that you can keep your data safe from hackers looking for quick paydays.