Ransomware has long been a focus of concern with many resources allocated to protect systems from the intrusion. As attacks in Ukraine escalate, the United States is bracing for another kind of invasion closer to home. USA Today brought this interesting information to our attention in their article, “‘Ticking time bomb’: Russian ransomware attacks are coming. What small businesses should do right now.”
In ransomware attacks, hackers lock down computer networks and demand payment to regain access. The Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency has increased monitoring of ransomware targeting businesses. Ransomware attacks have surged in recent years, increasingly striking smaller targets.
Unfortunately small businesses are the most vulnerable to the expected wave of ransomware attacks. There are many reasons: out of date software, no back-up files, no multi-factor authentication and lack of knowledge about third party vendor security protocols. Cybersecurity professionals are calling for immediate steps to be taken to defend against attacks.
Ransomware is not always used for financial gain. Cyberattacks can weaken national security by crippling businesses and supply chains.
Melody K. Smith
Sponsored by Access Innovations, the intelligence and the technology behind world-class explainable AI solutions.