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Ransomware and the Importance of Prevention, Recovery, and IT Support Through Your MSP Company

Recently, there has been a significant increase in the number malware attacks against businesses and organizations. The primary threat in the current technological atmosphere for hospitals, major corporations, and other establishments is ransomware. Most companies are being forced to rethink their security plans due to the numerous reports of halted operations and high financial demands. If you find a potential clients that is uncertain about the implication of ransomware, have them consider this brief discussion on dangerous malware and the importance of an msp company to their business’ security. 

 

Educating On Ransomware 

Any competent MSP business will make sure clients know precisely what ransomware is and how their computers can be targeted. Ransomware can be defined as malicious programs which are designed to prevent or at least limit a business from accessing and using their digital data. The objective of this type of viral software is extortion. In simple terms, the attack is deliberate and the intention of the hacker is to force an organization or business to pay in order to regain control over their system. There are different ways in which the malware can penetrate their computer network. The program can be disguised as another type of file and downloaded mistakenly from emails or websites. The network can also be infected when harmful links are clicked. In targeted attacks, a software worm can be forced into a network. 

 

Common Forms of Ransomware 

There are different types of ransomware which are commonly used to attack computer networks. The most popular in the modern setting is encrypting malware. When this software penetrates their system, it will transform their data into a cipher or code, making it unreadable. Ideally, when the demanded ransom is paid, the hacker provides the decryption key to the victim. Non-encrypting ransomware normally locks the network screens or the files, preventing access until the demands are met. Another form of an attack embeds a virus into the system, and the hacker threatens to use the malware to expose stored data if a ransom is not paid. 

 

Security Measures for Prevention 

 

Potential clients should consult an MSP business such as yourself to help in creating and organizing prevention and protection against ransomware. In general, there are some crucial measures that every business can take to prevent exploitation by hackers. First, updates should be implemented as soon as possible for bug fixes and patching purposes. For instance, a critical security patch which was designed to prevent vulnerability to malware like WannaCry was provided, but most businesses still have not implemented it. Second, security software such as antivirus and firewalls should be in place and up to date. In addition, every company should provide training for employees on the right cyber security protocols and hold them accountable. 

 

Establishing a Disaster Recovery Plan 

 

Apart from prevention, every company should have a disaster recovery plan in case their data is lost through a malware attack. This will promote business continuity and minimize the financial repercussions of an unexpected IT problem. There are different strategies which they can choose for this purpose. Private and hybrid cloud solution are the most popular choices for large and growing businesses because data can be replicated continuously, secured in an offsite location and restored with ease. 


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