With the Travelex ransomware attack still on-going, it seems like a good time to re-visit our guidance on avoiding and dealing with Ransomware.The details of how Travelex got to where they are is not yet clear but what has been reported is that they are being asked to pay a $6M ransom before their user files can be de-crypted and rendered usable again. Today their website simply presents a placeholder page ‘We're sorry but our online travel money service isn't available right now. This is as a result of a software virus. On discovering the virus, and as a precautionary measure, Travelex immediately took all its systems offline to prevent the spread of the virus further across the network.’

How can you make sure your business isn’t next? Ransomware has always been the ‘great white shark of cyber-attacks’, the most feared malware of all, leaving many running scared.

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But instead of worrying about an attack, what action can be taken to safely venture back into the water and not necessarily just “with a bigger boat”?

Here’s an opinion piece written by NNT CTO, Mark Kedgley which covers:

  • Who should be aware of the threat of Ransomware?
  • How does a Ransomware attack happen?
  • Is there anything we can do to prevent ransomware?
  • 5 practical steps to mitigate the ransomware threat

Published by SC Magazine, read the full article here

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