Ransomware to Continue in 2020

RansomwareRansomware is going to continue to be big news in 2020.  The reason is simple:  ransomware is a fast, cheap, and effective method of extracting money from victims.
2019 continued to be a great year for cyber criminals making use of ransomware.  In Canada alone, ransomware shut down cities (Woodstock, Stratford and The Nation), hospitals (Michael Garron Hospital in Toronto and the Listowel Wingham Hospital Alliance) and a police department (Woodstock).  The big news at the end of 2019 was the LifeLabs breach, which affected the health care data of 15 million Canadians in BC and Ontario.  Some organizations elected to pay the ransom to get their data back (LifeLabs), while others decided they were better served by restoring from clean back-ups (City of Woodstock).  Whichever way you choose to deal with ransomware, it is costly. So, how does one usually end up infected with ransomware?  The two most common ways are via phishing and remote access connections.  Better securing remote access, and training employees how to spot phishing emails are just two way to prevent ransomware from infecting your data.  Ensuring you have up-to-date antivirus software installed is another.  It is far better to try to prevent ransomware than having to deal with the aftermath, but just in case you do get infected, it is wise to have secure back-ups so you can restore your data without having to pay for it. Need help developing a strategy to prevent a breach?  Contact Uzado today.

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