Is Your Business Protected From Ransomware

Is your business protected from ransomware? While cybercrime has become a disappointing reality of modern life and business, ransomware is particularly on the rise. There are three things to know about ransomware: it’s scary, it’s growing fast, and it’s big business. So, it’s little wonder that the question, “How do I make sure my company never pays a ransom for our data” is moving up on business owners agendas.

Is your business protected from ransomware can cost you millions
Ransomware threats costing in the billions

What is Ransomware

Ransomware may be a term you’ve heard in cybersecurity training or read in a news headline. Unless you’ve been personally or professionally impacted by ransomware, chances are you haven’t given it too much thought. Ransomware is a type of malware that infiltrates your network, files, or programs and restricts access until a monetary ransom is paid. 

Protect Your Business From Ransomware

Here are five tips that can help you keep your business and its data safe from cyber attacks in 2023.

  • Regular software updates are critical to protecting your business from the latest threats. Keep updated antivirus protection software on all company and employee devices, even the ones that are used at home. 
  • Your business network isn’t secure without firewalls filtering traffic coming into and leaving your network. Firewalls provide a barrier between your company data and the rest of the internet. Firewalls can detect incoming malware and shut it down before it gains access to your data and applications.
  • It’s easy to overlook the telltale signs of an email scam, so you need to protect your business and employees with a strong spam filter. A spam filter will prevent phishing emails from ever reaching your employees inboxes.
  • Anti-virus software can protect your systems from malware , like ransomware, that might slip through your other cyber security precautions.
  • Enable multi-factor authentication (MFA) on your accounts whenever it is available.

There is not a single method that will protect your company from the threat of ransomware. Instead, good cyber security practices must be in place across your organization–and employee education is a key component. Cyber security is never a set-it-and-forget-it component of running a business. Instead, it must be an ongoing process that includes frequent conversations with your employees about staying protected from an attack.

How City Technology Group Minimizes the Risk

At the end of the day, your employees are the weakest link in your cybersecurity web. Prioritize targeted training for employees at every level of your organization. Hackers will target employees through their logins, wireless networks, and emails. Make sure your employees are aware of the threat and understand how ransomware works. Microsoft puts out regular security advisories including information on Ransomware Threats.

Find out how City Technology Groups Security Auditing can help protect your business against Ransomware and other threats, securing you today and tomorrow. You will no longer have to ask is your business protected from ransomware.

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