Ransomware is a growing threat for businesses today. Malware strains such as the Wanna Decryptor and many others are rising to the level of a global epidemic. Ransomware is more than just a nuisance for businesses because, not only does it harm a computer, but it also interrupts business.

What is ransomware?

Ransomware is a type of malicious software that encrypts your files and demands that you pay a ransom to restore them. The attackers usually demand a Bitcoin payment equivalent to hundreds or thousands of dollars, and they don’t always fulfill their promise of restoring your computer system.

How your system is targeted

A common tactic is the phishing attack. It’s usually an attachment or download link in an email message that tricks you into downloading the malicious software. When a user tries to access the system, a message is displayed with instructions for sending an untraceable Bitcoin payment. Once the files are encrypted, the only way to restore them is by using a key that the attackers possess.

What can you do to protect your business?

To prevent ransomware, take the following steps:

  1. Keep your browsers, programs and operating systems up-to-date with the latest security patches
  2. Don’t install unfamiliar software
  3. Use a good antivirus and whitelisting software that monitors your system in the background
  4. Back up your files frequently so that, if your files get maliciously encrypted, you can restore them with recent backups.

If your system still manages to become infected, you can regain control and remove the malware, but your files will be lost. To get rid of the malware, you can reboot your system into safe mode and use a special malware tool that can remove ransomware.

Lastly, if your data is extremely vital and you want to pay the ransom, make sure it’s not a fake attack. Some scam tactics open a full window that appears to be ransomware when it’s not. After you close the popup window, you’ll find that your computer is unharmed.