Intelligent CIO Middle East Issue 18 | Page 60

INTELLIGENT BRANDS // Enterprise Security Just don’t pay the ransom The biggest problem with ransomware is the fact it works differently to other forms of malware and, therefore, bypasses all the rules we’d previously followed when dealing with malware. Worse still, there is very little you can do once you’ve been infected by ransomware. In some cases, flaws in the code and encryption process may offer a lifeline if security researchers have identified those flaws and developed decryption tools. But that can’t be relied on. But whatever you do, do not pay the ransom. There is no guarantee that the extortionist will keep to their word and give your files back, plus it only serves to reinforce what they are doing. The only way to protect yourself is to have robust cybersecurity in place. Start with an antivirus with active monitoring and layer on other applications that are specifically designed to thwart these advanced attacks. As long as it’s profitable for malware creators to keep developing ransomware, this epidemic shows no signs of slowing down. The best option for consumers and businesses for avoiding ransomware will continue to be to invest in a strong defence. ¢ 60 INTELLIGENTCIO Powered by Almost 60% of all ransomware attacks in the enterprise demanded over $1,000, more than 20% of attacks asked for more than $10,000, and 1% even asked for over $150,000. Read the full report or contact the Malwarebytes Account Manager for further information www.intelligentcio.com