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Ransomware is on the Rise – How to Bolster Your Defenses

May 18, 2020
a laptop computer featuring a warning symbol on the screen is ahown against a bright blue background to symbolize a ransomware attack

Ransomware Was Hot in 2019 and It’s Still in Fashion for 2020

One of the major contributors to data breaches in 2019 was a hazard that every company faces in today’s world: ransomware. No industry is safe – even in the middle of a crisis, cybercriminals are still hard at work attacking hospitals with ransomware.

Cybercriminals often use phishing attacks to lure users into clicking on links, downloading PDFs, and opening attachments that are rife with ransomware. Other vulnerabilities like insecure passwords and stolen login credentials for administrator accounts also allow the bad guys to slip into systems quickly to drop ransomware bombs.

Our analysis of cyberattacks in 2019 was published in our whitepaper “Under Attack: The Global Year in Breach”

Our research points to a few simple yet essential ways to defend against it. Overall, the best way to protect companies from ransomware is to train staffers to spot potential ransomware vectors and employ innovative cybersecurity solutions to keep up with the continually evolving threat environment.  

Building every user’s awareness of the dangers of phishing attacks is key to protecting your company from ransomware.

  • Constantly update your phishing training. Training and testing with a solution like BullPhish ID ensures that every user in an organization is up to date on today’s phishing dangers with constantly updated training videos and phishing kits – and it’s available in 7 languages.
  • Use multifactor authentication just in case. Put in a fail-safe just in case someone does fall for a password-related phishing attack.  Passly beefs up password security and adds important defensive tools like two-factor authentication. 
  • Make sure bad actors don’t have an easy way in. DarkWeb ID monitors the Dark Web to sound the alarm if sensitive company information like data or passwords is being shopped around the Dark Web to help you fend off an attack before it starts. 
  • Keep your security up-to-date. New attacks and new attack methods are happening constantly. Make sure that every system and application that you use is patched to keep up. See how our dynamic solutions can help in these 10 minute video demos.

Don’t wait to bolster your defenses – Experts estimate that ransomware attacks cost companies $7.5 billion in 2019, and analysis suggests that in 2020, a new organization will be hit by a ransomware attack every 14 seconds. Contact us for an expert assessment of your cybersecurity needs.