2021 Survey Finds That 83% of Ransomware Victims Paid the Ransom
ThycoticCentrify, a Cybersecurity company, just released its “2021 State of Ransomware Survey & Report”, which delivers insights from IT leaders that...
Most businesses have backup solutions to protect themselves in the event of a ransomware attack. This is a great first layer of protection. However, many companies fail to consider what happens if their backups are the victims of an attack — that’s a scary thought!
Unfortunately, ransomware attacks on backups are more common than you’d think. As cybercriminals get more desperate and brazen in their attacks, your organization needs to take proactive steps to protect your backups from ransomware.
We’ve previously written about why backups are no longer enough to protect your business against ransomware.
What used to be a ransomware process of ‘encrypt’ and then ‘exfiltrate’ has evolved towards ‘exfiltrate’ and then ‘extort.’ Essentially, cybercriminals follow this process: lock down a system, demand a ransom (typically in Bitcoin), and then provide an encryption key. A study by Coveware found that 77% of ransomware attacks since 2019 have also involved a threat to leak exfiltrated data (reference).
The best way for cybercriminals to do this is through compromising backups. With this knowledge, let’s look at the four ways your organization can protect its backups from ransomware.
Managing backups is a vital component of your overall IT security plan. Working with a managed IT service provider like PK Tech ensures that this component of your IT security strategy is thoroughly monitored and managed. It is not enough to just have backups! If your business needs to take the next steps to protect your backups, get in touch with us, and we can help.
ThycoticCentrify, a Cybersecurity company, just released its “2021 State of Ransomware Survey & Report”, which delivers insights from IT leaders that...
Somewhere — right now — countless cybercriminals are planning ransomware attacks and have likely been planning each attack for weeks or even months.
1 min read
Ransomware is a hot topic–if you haven’t yet fallen victim, you’re at least aware of the risks. Ransomware affects millions of victims each...