Numerous Businesses Victimized with Ransomware had to go Offline a Week

A survey of 2016 ransomware attacks on businesses show that 85 percent of the victims had their systems offline over more than 7 days, one-third had to manage given the malware affected their systems and they were unavailable for over one month, with fifteen percent informing that their ransomware-encrypted data couldn't be recovered.

Ransomware refers to malevolent code which contaminates mainly Windows PCs followed with encrypting files according to the instructions given within the malware's code. Thereafter, it exhibits one ransom note on the screen telling the end-user the amount he must pay -usually in Bitcoin- as also where he should make the payment.

Statistics collected from more than 1,000 businesses that got victimized with ransomware past year indicate that 85% of those contaminated with file encoding software found their computers had to be disconnected from the Net for one week-or-so, whilst 33% of cases led to inaccessibility of their data for at least one month.

Most businesses and organizations seem as hugely unprepared of getting preyed of ransomware, a cyber-assault that's currently highly profitable for Internet criminals. In 2016 alone, such cyber-criminals pocketed $1bn.

Unfortunately, despite the growing danger of the criminal activity that attackers find simpler and simpler for executing, a lot of organizations yet do not own adequate means or ways for tackling an effective ransomware attack. In fact, according to statistics within the report, 63% of organizations don't have any formal policy regarding ransomware incidences at all. Zdnet.com posted this, February 27, 2017.

Almost 66 percent of various businesses lacked a policy for dealing with ransomware assaults; consequently, staffs were perplexed about what they should do when such an assault occurred. Samara explains the ransomware assaults don't just mean losing data while incurring financial costs for enterprises. It makes a debilitating impact too that affects the entire business over the long run, with the organization sometimes even violating regulatory bodies' terms-and-conditions to which it's accountable.

According to Samara, a disaster recovery or back-up solution that relies on cloud service is what can successfully safeguard from ransomware assaults. For then, routine data back-ups that are encrypted can be created while earlier versions maintained.

» SPAMfighter News - 3/2/2017