Ransomware Tag - Hackensack, NJ | Net It On

Ransomware seems to be everywhere. One can hardly turn on the news without hearing about a new ransomware attack—and that’s just the ones that hit the news cycle, not to mention the smaller ones that are either hidden by the companies or not considered newsworthy. Meanwhile, businesses are urged to invest in more security tools and IT-themed acronyms than ever. Is all this investment actually worth it? Is ransomware actually as significant a threat as it is made out to be?

There is a seemingly infinite number of cybersecurity threats out there, but there are few threats more dangerous than ransomware. If a business hasn’t taken precautions against it, ransomware can (and will) find ways to extort money, hold data hostage, and threaten that organization’s continuity. Today, we want to cover what ransomware does, what you need to do to prevent it, and what to do if you’re attacked.

Ransomware is bad, and you can’t take any chances with it if you want to keep your business safe. Understand that it might seem like we’re exaggerating, but we’re not; ransomware really is as bad as it comes, and when you’re faced with double or even triple extortion, you’ll be put in a tough spot that no business owner wants to find themselves in. Today, we want to cover what these terms are and why they’re so bad.

Even with ransomware making headlines last year, 2024 saw one of the most interesting trends yet: decreased payments. Last year alone, ransomware payments decreased by hundreds of millions of dollars, even with large-scale attacks and a massive $75 million payment by one victim. Progress? Well, maybe.

One of the biggest myths about cybersecurity and cybercrime is that smaller businesses are somehow immune to the more dangerous types of threats because they don’t pose a viable target for cybercriminals.

If you’re not familiar with ransomware, we wish we lived in the same universe you’ve been living in the past decade. It’s a serious problem for all types and sizes of businesses, not to mention its impact on individuals, governments, and world organizations. Today, we want to go over some of the latest ransomware tactics in use as of 2024.

As the year winds down, it’s time to start looking at 2024 and what the year could mean for local organizations. It’s likely that most businesses are putting together their operational plans and marketing budgets, and all of that is certainly important, but there are some major situations at play that could cause your business to suffer from major losses and rack up huge expenses if decision-makers aren’t prepared for it.

Businesses face a lot of threats, but ransomware stands out amongst them all. It’s certainly one of the scariest threats out there, as it seems we need to include it every time we discuss cyberthreats. Unfortunately, we really do need to, for one simple reason.

Perhaps the most dangerous and notorious modern malware, ransomware affects businesses and industries without any regard to size or scope. It can even impact individual users and get away with it. We urge businesses to consider the other dangers associated with ransomware beyond just paying the ransom, as they extend far beyond and could have lasting impacts on your operations.

There are some security issues that businesses are much more likely to experience than others, including the following. Let’s go over how you can protect your organization from these challenges and why it is so important that you take precautions now, before it’s too late.