Ransomware events block users and organizations from data and infrastructure, and attackers demand payment for access to data and not disclose affected data. These events can have a significant impact – in the worst case, shutting down operations completely and risking the loss of critical information. Successful ransomware attacks have increased significantly over the past year due to the pandemic and the overall increase in technology usage. In recent weeks, this trend has accelerated, virus removal Calgary – about $4 million JBS Food Processing – about $11 million The demand for ransomware is estimated to be in the hundreds of millions of dollars in Canada by 2022. Surprisingly, more public organizations such as hospitals, universities, and colleges are being targeted and blackmailed. For example,
in Jan 2022, a research university in the United States paid $1.14 million to recover research data.
Having the organization pay the ransom increases the incentive for attackers. It is critical that units and individuals at the University of Toronto understand the risks and are prepared to deter ransomware attackers and respond effectively to limit their impact.
There is no one-size-fits-all approach to reducing all risks. Plans should consider specific technologies, threats, data usage, and the ability to actively protect.
At least in order of priority:
Make sure you have a ransomware-resistant backup. This includes testing your backups.
Make sure all devices are regularly updated for security vulnerabilities.
Prepare a ransomware-specific incident response book.
Use antivirus software and preferably next-generation endpoint protection.
Protect user account logins with MFA.
Especially in the days of remote work, it is important to treat personal and professional use of technology in an equal manner.