By Mike Sander, TierPoint Senior Solutions Engineer
Last week I had the privilege of attending TierPoint’s annual Security Summit in Omaha.
Former White House CIO Theresa Payton presented a well-received keynote address about security lessons she learned serving the president. Attendees said they enjoyed the talk because it provided a business context around an organization’s security needs, as well as ideas to address the added pressure they feel with high-profile cyberattacks continually on the rise.
(LtoR) Tom McMillin, TierPoint President and COO, Former White House CIO Theresa Payton and Mary Meduski, TierPoint President and CFO, kick off the 2016 TierPoint Security Summit
By Paul Mazzucco, TierPoint Chief Security Officer
Ransomware attacks have escalated dramatically in recent months. In fact, there’s been a 300 percent increase in ransomware attacks this year according to the FBI, to an average of 4,000 attacks a day, up from 1,000 ransomware attacks a day last year. What’s more, organizations are more often targeted – because the bigger potential payoff.
At TierPoint we’ve assisted many clients with data restoration to avoid the downtime that can be caused by a ransomware attack. Here’s what your organization needs to know about what is ransomware and how to protect your organization from it.
What is ransomware?
Basically, three traits are common among the many variants of ransomware viruses:
- They infect your computer, such as through a malicious email or a visited website.
- They encrypt your files and demand payment (usually in bitcoin) to receive a decryption key.
- The decryption key is usually successful, however, it can depend on the honesty and follow-through of the attacker.