How to protect yourself (and your business) from ransomware

Earlier this year, the insurance company Liberty Life’s IT infrastructure was hacked by ransomware . Ransomware is a malicious software that can either find its way into a system through a security vulnerability or by being installed by someone unknowingly. The latter is usually as a result of clicking on a suspicious pop-up, link or email attachment. Once installed, ransomware encrypts a company or individual’s data or blocks access to a website or system until a ransom is paid. Although Liberty Life applied immediate security protocols to alleviate as much of the damages as possible, some data was extracted. This is just one example of how cyber crimes have become a great concern, not only for businesses, but for its customers. Over the past several years, [...]