Ransomware is a type of malware/malicious software attack. It is created by attackers to get money for cybercriminals. In this digital era, ransomware attacks are increasing very rapidly.
Ransomware attacks down your system/server with a huge amount of encrypted files.
The attackers force the system owner to pay a big amount and blackmail them after the attack. It is an imperceptible cryptocurrency.
A few ransomware attacks may seal the system without harming any content of the system.
It will impact your firm's or company's image in the market.
These are the possible impacts of ransomware:-
Image/Reputation:
One of the dangerous outcomes of the ransomware attack will impact your firm's or company's image in the market. Your company can be lost the trust of your customers. In addition, your firm's revenue might decrease because of the low market value and impact on future investments.
System crash:
Ransomware attacks impact your system and may crash the system if you use any outdated system or operating systems like Windows XP or Windows 2008 server OS; the chances of server/system crashes increase due to ransomware attacks. By using old system/software or OS, you will not get any more updates or security patches and which no longer supported.
Data loss:
Due to a ransomware attack, you may lose the data of the system/server. Therefore, you always have to take backups of your data on a regular basis. It is very important to take frequent backups of your important data. It will become very useful in the data loss time.
System slowness:
Ransomware attacks slow downs your system or server due to heavy attacks. Due to attacks, your system's or server's resource usage will be very high.
You can clearly see the CPU usage of the server running high.
Financial loss:
Ransomware attacks will impact your firm's image in the market, and you can be lost your customers' trust. In the end, you may face financial loss due to this huge impact. The attackers forced the owner of the system after the attack to pay a big amount and blackmail them. The negotiation term will not apply in the case of ransomware attacks because the attackers are cyber-criminals. As per the research, approx 60-70% of ciphertext data has been restored after the ransomware attacks.
Downtime:
Your system/server may face increased downtime due to a ransomware attack on your system. It will impact the productivity of your business. You can use Ransomware Recovery technology which allows you to get back the original files of your system. It will reduce the downtime from a ransomware attack.
Data vulnerability:
In most cases, the attackers demand a high amount to prevent the release of your company's important/significant data. Suppose your organization has been passed through the pain of ransomware attacks or not. In that case, the practice to prevent data exfiltration is to cache & clear outdated, insignificant data on a regular basis from the system. Also, you can provide limited access to your significant data to your employees to prevent such data vulnerability.
The entry point for future cyber attacks:
Ransomware attacks are rapidly observed by a loop of attacks on your system. The best ways to lock these entry points to exploit your system are as follows.
+ Upgrade your IT security
+ Install regular software/system update patches
+ Purchase cyber insurance for your system
+ Keep upgrading the OS for your system
