Ransomware is a type of malicious software (malware) used to extort funds from victims by encrypting (sometimes irreversibly) files and systems and holding them for ransom. Some variations are designed to move throughout the network and others are designed to exfiltrate sensitive financial, personal and other important data.
This can be devastating to any organization, with cities being taken offline for weeks or major companies losing money and productivity. In some cases this might even be the end of the business after not being about to recover. Paying the ransom doesn’t always result in your files and systems being restored, and if they are restored, there is no guarantee of data integrity.
Not only does ransomware take a toll on your systems and data, it might have regulatory and legal implications. Did you know in Canada there is mandatory reporting for data breaches? This might include a ransomware attack.
If you want to make sure you are ready for ransomware, or in the event of an incident, give us a call at (226) 778 0050.