In 2019, 22% of small and midsize companies experienced a cyber-attack wherein the attacker managed to bypass firewalls, endpoints, and all sorts of security measures. You may have heard of some of the popular variants of ransomware:
After all, who could forget? Most business executives were on the edge of their seats waiting for the next attack. So how does ransomware work? How do cybercriminals manage to bypass security measures?
Ransomware… You’ve seen it on the news, in reports on the web, all over the place – but what is it? And how does it work? Ransomware is a form of malware wherein the cybercriminal aims to financially gain. They hide links to ransomware in web pages and emails sent to your staff members, and once those links are clicked on, they demand a ransom paid in the form of some sort of anonymous currency.
In recent headlines, we’ve seen small and large businesses alike become victim to ransomware attacks. Payment demands can range from thousands to millions of dollars – making a ransomware attack incredibly costly, and in many instances, incredibly inconvenient as the business often loses access to its workstations until the situation is resolved. In some cases, the ransomware takes its time to collect data – on average, taking 43 days before it’s discovered.
Other forms of threats can be equally damaging. In fact, they tend to lurk on the network much longer without being detected – making them a huge risk to organizations around the world. A recent report found that persistent malicious threats can dwell on networks for as many as 5-10 years without detection! Further, approximately 11 distinct types of riskware, on average, were discovered on each network examined. This ranged from adware to bitcoin miners and everything in between.
Sure, you might not have as much confidential data or revenue as a large corporation. But small and midsize companies are actually at a higher risk. Why? Because they don’t tend to invest in security measures as much as larger organizations do. In fact, research has shown small and midsize companies have threats lurking on the network for much longer periods of time – giving the attacker more of a chance to gather data and cause damage.
Now that you’re getting an idea of the “why” behind scheduling a compromise assessment, let’s look at what’s involved. BlueHat Cyber provides compromise assessments to help you identify and remove unknown risks from the network. During a compromise assessment, we’ll:
In addition, BlueHat Cyber can work with you on the basics – outlining proper security policies and procedures, training your staff members on the latest threats, implementing the right security solution, and much more.