A recent CNET article reports that the Port of San Diego experienced a ransomware attack during the last week of September. The attacker apparently demanded a payment of an undisclosed amount in bitcoins. The attack left employees with limited access to their computers which caused a huge inconvenience for people who needed access to items such as public records and park permits. While it is yet to be determined how costly this security breach will be for the Port of San Diego, ransomware attacks in the past have been notoriously expensive.
Ransomware attacks are extremely costly forms of cyberattacks because they simultaneously encrypt all your data and demand a ransom for it to be unlocked. Therefore, you are not only losing money during the time it takes to unlock your data or pay the ransom, you lose even more if you end up having to pay the ransom. Ransomware attacks have cost cities and companies up to $300 million in lost revenue and can be a death sentence for small businesses and organizations.
The best way to protect yourself from ransomware attacks is to back up all your data. If you don’t need the data they stole, the criminal has no collateral and your business can carry on as usual. In addition to constantly backing everything up, you should be implementing safe cybersecurity practices for your organization such as using strong passwords and educating employees about phishing scams. If you have any questions on how to avoid becoming the next victim of a ransomware attack don’t hesitate to give us a call at 703-790-0400 or visit us on our website at www.optfinity.com.