Ransomware Has Become the New Star of Bank Fraud



Are you aware of ransomware?

Trojan viruses used to be the most popular way for hacking thieves to get into banks and steal, but recently, ransomware has become much more prevalent. But why has this shift occurred and what can you do about it? Today we’re going to be talking a little bit more about ransomware and your cybersecurity. Are you ready to learn more? Let’s get started.

The Trojan Attack Vs. The Ransomware Attack

When cybercriminals get together and discuss the best way to infiltrate a system, there is a lot to consider. For example, how much risk is involved? With Trojan attacks, there was a lot of risk. Moving funds around can raise the alarms for security systems, resulting in a denial of funds for the attacker. With ransomware, on the other hand, there is a lot less risk. The reason for this is the use of payoffs using bitcoin, a highly controversial, digital currency. Once the bitcoin is secured, it can be shuffled through several wallets and “cleaned” of its trail. This makes it a lot harder to track down. Not only that, but ransomware is dangerously singular, meaning that each attack is tailored to its mark. There is no blanket attack and thus, there is no blanket security.

What can you do to protect your company from ransomware attacks?

One of the simplest things you can do is update all of your software and hardware. The newest equipment is going to have the best security, no doubt about that. Furthermore, you should invest in a cybersecurity plan. Having a detailed plan for your security needs and what you are going to do when the system is breached is going to save time and resources when the time comes. You should also ensure that your employees are educated on the matters of cyber safety and security so that they aren’t unintentionally putting themselves at risk for a ransomware attack.



If you need the help of an experienced computer forensics experts, contact the team at Atlantic Data Forensicstoday. To find out more about how we can help in your data recovery, cybercrime, or e-discovery needs or if you need trusted expert testimony, simply request a consultation and we will be in touch.

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Source: http://www.technewsworld.com/story/83575.html

How to protect your business from ransomware