This summer, there seems to be a constant feed of global news coverage on a ‘new’ version of Ransomware that cripples businesses world-wide. Two months ago it was the WannaCry worm; this June it was the Petya cyber-attack, which received coverage for shutting down Russia’s largest oil company, Ukrainian banks, and Cadbury Chocolate (whose factory closed for days as a result).
As more and more of a business’ value is held within technology, this trend will continue to increase. It’s no longer a question of if the security of your data will be compromised – it’s a matter of when. In order to protect, detect, and respond to a security threat, a business’s IT infrastructure requires attention 24/7/365. Firmware and software updates must be performed; security patches must be constantly updated. Firewall logs must be continually be monitored to detect incoming threats and react accordingly.
In our local areas with smaller businesses and limited resources, it’s very unlikely that IT security receives the attention it deserves.
If an IT security breach is imminent, then how does one protect their business’s technological assets (think financial data, customer data, PCI, HIPAA, etc.)? Most Ransomware/Malware threats work by encrypting the entirety of your company’s data, leaving you unable to continue your businesses processes. This can be incredibly costly! A local business recently came to us with this exact situation and as a result had been “down” for 2 days – that’s 2 days of payroll, lost business, etc.
One of the best methods is to have a proper backup that allows for immediate retrieval of your company’s valuable data. In the event of a data loss, the goal is to be able to recover your data as quickly as possible – there are a number of solutions that best achieve this, depending on your need for immediacy.
Here’s a best case scenario: a local company we work with had an employee that “accidently” opened a personal email on their work computer in their business environment. Within minutes, the Ransomware infection spread itself to the company’s shared drive and server. Every file on their server was then encrypted and no longer accessible. For a company that requires constant “uptime” from their IT infrastructure, this is a huge deal. But with proper backups in place, we were able to restore their server to it’s last (Ransomware-free) data backup, which was an hour before the infection took place. One hour later, the company’s environment was back up and running with a very minimal loss to business processes.
Talk to us today, about your ability to detect and respond to your next security breach!