Ransomware is one of the fastest growing cyber threats. Once it infects your devices and systems, it locks your files and demands a ransom to unlock them. It can also threaten to leak data to increase the pressure.
Although it can affect anyone, it can have a particularly disruptive impact on SMEs, leaving them inoperable for long periods. What’s more, the average ransom is estimated at $170,000. (1)
1. Protection is the best prevention
It is crucial you know how to protect your information and devices from attacks. Here are some simple steps to improve security and reduce risks:
2. Be ready to act
If you’ve been infected with ransomware, don’t pay the ransom and follow these steps to minimize the impact:
-If you have an IT administrator, notify them immediately and follow their instructions. Otherwise, disconnect the infected devices from all networks to avoid it spreading.
-Ask an IT expert to help you format the infected hard drive, reinstall the operating system and restore your information from a clean back-up or from files recovered with the help of No More Ransom:
3. Do the right thing
If you’ve fallen victim to ransomware, report it to the authorities. They’ll investigate the case and take action to prevent similar attacks happening to others.
In today’s digital world, Santander is committed to helping society prosper by providing people with tools and knowledge to stay safe online. Part of this commitment includes raising awareness of ransomware, the tips to prevent it and the decryption tools that No More Ransom offers at no cost. No More Ransom is a public-private initiative funded by the National High-tech Crime Unit of the Netherlands’ police, Europol’s European Cybercrime Centre, Kaspersky and McAfee.
(1) 2020 weforum.org