Within the past decade, technology has evolved extremely rapidly, which can be both beneficial and difficult for business owners to navigate. Just as common technology like laptops and mobile banking has evolved, so have the cybercriminals that target businesses in ransomware attacks.
Ransomware attacks are on the rise in the United States. The FBI Internet Crime Complaint Center saw a 62% increase in the number of ransomware complaints between January to July of 2021 and that number just keeps growing. If you are a business owner, you must be aware of ransomware, what it means for your business, and how you can take measures to protect yourself against it. When you are a victim of an attack, you must know what to do, legally, to protect yourself, your employees, and your customers. Here is a closer look at what ransomware is, how you can protect your business from it, and what you need to do if you suffer an attack.
What Exactly is Ransomware?
Cyberattacks can take many shapes and forms, and none of them are great for a business. Any type of cyberattack you face puts you and your customers at risk. That is why cybersecurity is so important.
Ransomware is one type of cyberattack. According to Stop Ransomware, it occurs when malware installs itself on the system and tries to access the user’s files. Once it does, it encrypts the files, making them impossible to access.
Once the ransomware takes hold, the cybercriminals will demand a fee in order to ..
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