How to Protect Your Company from Ransomware Attacks

Most business owners may think that they take the appropriate steps to protect themselves against cybercriminals, but the reality is that you can never be too safe. The average cost of a ransomware attack is $4.44 million, so protecting your business is essential.

Luckily, hackers aren’t invincible, and by implementing some basic safety measures, you’ll be able to stay safe.

So what’s the secret to keeping cybercriminals at bay?

Keep reading to learn all about how you can protect your company from ransomware attacks.

What Is a Ransomware Attack?

While most people are familiar with viruses and malware, not everyone knows exactly what ransomware is.

Ransomware is a particular type of malware used by cybercriminals. They use it to attack both individuals and organizations across the world.

Ransomware affects your computer, and once it does, you’ll be unable to access some or all of your data until you pay a certain amount of money. Sometimes, even after paying, you still don’t get access back.

Identify Weak Areas in Your Security Measures

The first thing you’ll want to do to ensure the safety of your company is to look for weaknesses in your current security measures. You can do this by performing a vulnerability audit.

After it finishes, get to work building a program that helps support the weak areas. Make sure to always keep your company’s security measures up to date.

Invest in EDR

EDR or endpoint detection and response is another defense tactic you can use. EDR involves closing the holes that allow cybercriminals entry into laptops, phones, tablets, and other devices.

This is especially important if your employees work from home. IT support can help you go about establishing EDR.

Have a Security Team Working Around the Clock

Your employees might sign off from work, but cybercriminals don’t. In fact, many of the attacks that they unleash on businesses occur at odd times. It’s hard to withstand an attack at 11 pm on a Saturday if you’re not prepared.

Make sure that you have a security team working around the clock to respond to any issues.

Work With Professionals

It doesn’t matter what industry you operate in—cybercriminals can target you. If you lack the resources or the personnel to defend your company yourself, then make sure to work with a professional company that can keep you safe.

Many security companies bring decades of experience to the table. They employ the latest technologies and employ the highest-qualities workers to ensure that no one harms the companies that they protect.

Stay Safe Against Ransomware Attacks

Ransomware attacks launched by cybercriminals can devastate businesses that they catch off-guard. Make sure that your company doesn’t fall victim to them.

By following the tips laid out in this guide and investing in quality IT services, you’ll be able to stay safe against even the most competent of criminals.

Do you now have a better idea of how to improve your company’s network security? If you do, make sure to check out some of our other posts for more business security guides and tips.