Ransomware attacks are typically carried out using a Trojan that is disguised as a legitimate file that the user is tricked into downloading or opening when it arrives as an email attachment. However, one high-profile example, the “WannaCry worm,” traveled automatically between computers without user interaction. There were 181.5 million ransomware attacks in the first six months of 2018. This marks a 229% increase over this same time frame in 201 Malware ranks as the most costly type of attack for organizations

• Half of all Cyber attacks are targeted at small businesses.
• Estimated $6 trillion in damages by 2021.
• $76 billion of illegal activities involves Bitcoin.
• Only 10% of cybercrimes are reported in the U.S. each year.
• Staggering $300 billion cyber security market.
• Ransomware attack every 14 seconds.

Identifying ransomware

Ransomware comes in two types. The first encrypts the files on a computer or network; the second locks a user’s screen. “Some ransomware will also act like a worm – as with WannaCry – and, once inside a network, will spread laterally to other machines without interaction by the attacker or the infected user. Malware is presented as ransomware, but the files are not decrypted after the ransom is paid. This is known as ‘wiper’ malware.
.

Email phishing remains the top attack vector for all malicious activity.

Ransomware can be devastating to an individual or an organization. Anyone with important data stored on their computer or network is at risk, including government or law enforcement agencies, healthcare systems, or other critical infrastructure entities. Recovery can be a complex process that may require the services of a reputable data recovery specialist like Itpro Miami Corp, and some victims pay to recover their files. However, we have yet to see that individuals will recover their files if they pay the ransom. Whatever you do, it is agreed that paying the ransom is a big mistake. Funding cyber criminals also supports larger cyber-attacks, so it must be reiterated that paying won’t always make the issue disappear. A proper backup system was in place, and steps were taken to prevent malware from infecting the network. There were 181.5 million ransomware attacks in the first six months of 2018. This marks a 229% increase over this same time frame in 201 Malware ranks as the most costly type of attack for organizations

• Half of all Cyber attacks are targeted at small businesses.
• Estimated $6 trillion in damages by 2021.
• $76 billion of illegal activities involves Bitcoin.
• Only 10% of cybercrimes are reported in the U.S. each year.
• Staggering $300 billion cyber security market.
• Ransomware attack every 14 seconds.

Today, our System Engineers are experts at designing, building, and supporting network infrastructures of all sizes. We genuinely pride ourselves on delivering 24/7 top-notch customer support.