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In today’s technologically-driven world, you likely already know that being online poses more risks than ever. From fast-spreading complications arising out of miscommunication to devious phishing schemes, the margin of error for any online firm is razor-thin. With hackers and misinformation both evolving to the point of no return and posing problems across every industry, it’s critical to be aware of the risks that come with digitisation.

As you help your business grow and explore a bigger pool of opportunities, you will face many problems. And there’s nothing more troublesome than ransomware attacks. These threats are responsible for billions of dollars in losses annually. Avoiding them at all costs should be a priority—which brings us to a question: Why would my organisation potentially be at risk of a ransomware attack?

What Ransomware Attacks Can Do

To expound on the risk that your business is exposed to by simply being online, it’s critical to understand what ransomware is. Ransomware is a form of malicious software that hackers use to encrypt files and documents.

Nowadays, ransomware has become so powerful and easy to implement to the point where it can be used on anything from a single PC to an entire network—and this includes online servers. Victims who are unfortunate enough to be on the receiving end of an attack using this software are ultimately left with a few choices:

  • They can regain access to their encrypted network by paying a ransom to the hackers responsible for the attack;
  • They can restore their data from backups (with the risk of having sensitive information released);
  • They can opt to lose all their data and start from scratch.

Why Your Organisation May Be at Risk

Ransomware attacks are considered one of the biggest and most dangerous security problems on the internet today, which is why businesses must be armed against them. Most business owners don’t know that they are at risk of such attacks because they’re unaware of the gaps in their security measures.

If you want to give your business the best chance of mitigating the risk of a ransomware attack, here are the potential points of vulnerability to watch out for:

1. Being Unaware of Asset Vulnerability

One of the most common reasons businesses leave themselves vulnerable to ransomware attacks is that they aren’t aware of what needs to be defended and where their critical assets are located. Unfortunately, this degree of oversight makes it easier for hackers to find their entry points where they can drop off their programs for a full-on attack.

2. Failing to Update

Here’s something you probably didn’t know: if you fail to update the various operating systems (OSs) in your IT structure, you’re putting your business at risk of a ransomware attack.

OS updates are often taken for granted, but they are a critical part of preventing cyber-attacks because they include tweaks that allow digital infrastructure to stay protected. With each update that a company rolls out, it will be much easier for your systems to watch out for and dispose of pressing threats with ease.

What You Can Do to Protect Your Business

When it comes to protecting your business from the present threat of ransomware, it pays to invest in suitable measures to get the job done.

For one, ensuring that your employees are trained to avoid potential attacks while avoiding the mistakes mentioned above will allow you to iron out any problems that may arise internally. Additionally, enlisting the services of an expert like Rabbon’s professionals with a ransomware assessment will allow you to have a much easier time protecting your business today and in the future!

Conclusion

Rabbon is one of the leading cybersecurity company in Sydney and Melbourne providing end to end cybersecurity services. If you want to stay on top of any ransomware attacks and other cyber threats that can come your way, get in touch with us today to get started!

Cybersecurity is what we do

Rabbon is a Cybersecurity company based with offices in Sydney and Melbourne. We lead a team of Cyber security Consultants and GRC Consultants, who help organisations become cyber resilient by providing access to effective and affordable cybersecurity services. We believe that “Cybersecurity is for everyone

You can contact our Cyber Security Consultants for an obligation free consultation.

Phone : +61 2 80513207

Email: [email protected]