Build IT resilience to avoid paying ransomware demands

<p>When it comes to ransomware, it might seem like giving in and paying the ransom is the quickest fix. Luckily for today’s businesses, there is a better alternative to forking over money to cybercriminals who might not even give the data back.</p>
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<p><a href=”https://www.techtarget.com/searchsecurity/definition/ransomware”>Ransomware</a> is among the most common types of cyberattacks that can strike organizations of all sizes across nearly every industry. A ransomware attack could come via any number of different attack vectors, including phishing, <a href=”https://www.techtarget.com/searchsecurity/definition/social-engineering”>social engineering</a>, or exploiting known or <a href=”https://www.techtarget.com/searchsecurity/definition/zero-day-vulnerability”>zero-day vulnerabilities</a>.</p>
<p>In a ransomware attack, the perpetrator uses malware to encrypt a user’s or organization’s data. The attacker then holds that data for ransom, demanding that the victim pay a fee to receive the decryption key.</p>
<p>All ransomware victims are faced with the same question: To pay or not to pay? Instead of considering payment, a better approach is to build up the organization’s resilience early to avoid the need to pay a future ransomware demand. A strong business continuity and disaster recovery (<a href=”https://www.techtarget.com/searchdisasterrecovery/definition/Business-Continuity-and-Disaster-Recovery-BCDR”>BCDR</a>) strategy builds the resilience that organizations need to avoid and mitigate ransomware attacks.</p>
<p>This article will discuss ransomware trends and the costs associated with <a href=”https://www.techtarget.com/searchdisasterrecovery/tip/Build-and-maintain-digital-resilience-for-a-stronger-DR-program”>bolstering resilience</a> as an alternative to payment. It will also outline the pros of a strong resilience plan vs. the cons of paying the ransom.</p>
<section class=”section main-article-chapter” data-menu-title=”Recent ransomware trends”>
<h2 class=”section-title”><i class=”icon” data-icon=”1″></i>Recent ransomware trend

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