5 Business Security Tips to Fend off Ransomware

5 Business Security Tips to Fend off Ransomware

When businessmen experience ransomware attacks, they lose access to their data because of this malware’s capability to encrypt files. This could disrupt business operations and it could cause downtime, which could harm your business performance. It may be difficult to recover from these attacks because the financial damage that businesses acquire from it comes with a reputation damage. No business is safe from these attacks – regardless of your business’ size and industry – you can be a potential target to this malicious activity.

Cybercriminals target businesses at random. And when they are able to penetrate your computer systems, it could put your company into a state of crisis. As end-users lose access to their files, they are also intimidated by cybercriminals to pay ransom money in order to get the decryption key. At present, the biggest targets of ransomware attacks are health care centers. Cybercriminals prefer to exploit their computers’ vulnerabilities because that’s where they profit the most.

The damage from this malware could affect your business’ continuity, so it’s important to boost your cybersecurity’s strength by turning to IT Services Australia. Here are 5 security tips you could apply to your business to fend off ransomware threats:

Regularly Update and Patch Your Software

Software developers release new updates and patches frequently for a good reason. That is to add new features and to fix the overlooked bugs that they find in their software. As the developers release these updates, they publicise the bugs of the outdated version. That being said, the people who fail to update and patch their software applications are susceptible to cybersecurity threats. Ransomware infects computers through the known vulnerabilities of outdated software applications. Hence, it is important to keep your software up-to-date. By doing that, you would be able to patch security holes and eliminate the opportunities for cybercriminals to attack.

Create File Backups

When worse comes to worst, your last line of defense is your backup files. That is why it’s crucial to create file backups regularly and to store it in a secure location offline. By doing that, you would be able to recover your files with ease during a cybersecurity threat attack. That being said, you would no longer feel the need to pay these cybercriminals in the event a ransomware attack take place. Moreover, you could also encrypt your backup files to boost your security and lessen the impact of these malware threats to your company.

Check File Extensions

Sometimes, cybercriminals disguise malicious files and links to look harmless in order for you to fall for their trap. And for that reason, it is essential to check the file extensions of the files you receive. It is a default setting for Windows to disable file extensions. Because of that, people often rely on the file’s thumbnail in order for them to determine what kind of file they have. This gave cybercriminals the idea to put double extensions to their malware’s filenames in order to mislead end-users. That being said, you would be able to spot suspicious files when you enable file extensions.

Learn More About Ransomware

The lack of awareness regarding the different kinds of malware is the main reason why most people are not combat-ready for these security threats. For instance, when you are uninformed about what ransomware could do to your business, you are less likely to apply defensive measures to fend off this cybersecurity threat. That’s why it is important to read news and to listen to podcasts regarding the different types of malware infecting computers out there. Moreover, you should also train your employees to spot malicious files in order to boost your company’s protection from these threats.

Turn off Macros in Email Attachments

An email attachment macro is a feature that allows users to customise automatic emails or manual emails to include specific information regarding the recipient. It is commonly found in applications that provide email services, such as the office 365 for business’ Outlook application. Although this feature was created by developers for the benefit of end-users, cybercriminals found a way to exploit this feature. They can embed malicious codes in the macros to trigger the ransomware to run when the email attachment is opened. That is why it’s important to turn off macros in email attachments and to be careful of emails that have unsolicited attachments that require you to enable your macros.

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