Ransomware. You’ve likely seen the word get tossed around in the cybersecurity landscape. But what is ransomware, really—and more importantly, what does ransomware do?
Let’s start by tackling the big question: What is ransomware?
According to the FBI, “Ransomware is a type of malicious software cyber actors use to deny access to systems or data. The malicious cyber actor holds systems or data hostage until the ransom is paid.”
This may sound like the plot of a Hollywood thriller—but unfortunately, it’s far from fiction. In 2017, the most destructive ransomware attack to date infected over 200,000 computers in 150 countries, causing billions of dollars in damage in only hours.
The FBI estimates that 4,000 ransomware attacks occur daily. As a site owner, you don’t want to fall victim.
Now that we’ve answered the question “What is ransomware,” you’re probably wondering: What does ransomware do to infected computers?
The short answer is: a lot. For businesses, ransomware attacks can cause data breaches, financial loss, exposure of sensitive information, and even lasting reputational damage. For individual site owners, the potential effects are equally devastating: permanent file corruption and the complete loss of digital property.
Fortunately, it’s possible to prevent—and even recover from—ransomware attacks. Here are four critical measures to keep in mind:
Finally, you’ll want to know the difference between real and fake ransomware attacks.
If you fall victim to a fake ransomware attack, simply update your password, confirm you have backups running, and refresh yourself on best cybersecurity practices.
This website is a great way to check whether your email has been compromised. If it’s been involved in any data breaches, update your password everywhere it’s used. Even if “Website X” is all that was hacked, you can’t stop at updating the password there since the credentials will often be tested in other login locations—from social media to banking.
As a global leader in website security, SiteLock offers a host of tools to defend against ransomware attacks. Still wondering: What is ransomware—or worse, what is a ransomware attack doing to my site? Contact our team today!