Security Tip of the Week – Ransoming Businesses is a Successful Business

Cybercriminals use ransomware to hold data and sensitive information hostage in exchange for payment.

Keller Schroeder Security Solutions Group Logo

On Christmas Eve, cybercriminals targeted three hospitals in Germany using Lockbit 3.0 ransomware. Ransomware is a type of malicious software that infects computers and networks. It holds data and other sensitive information “hostage” in exchange for payment. If you refuse to meet their payment demands, the cybercriminals could destroy the files. Or they could make them available to the public, resulting in data theft and leaks of sensitive information.

Ransomware as a Service (RaaS), such as Lockbit 3.0, has become a successful business model for cybercriminals. It is often marketed to scammers who are looking to use ransomware to target specific organizations. Far from being an amateur operation, RaaS groups operate like legitimate businesses. They have professional websites, customer service teams, and even supporting documentation. All are designed with one purpose – to help scammers steal data!

Your organization relies on you to help keep their data safe! Follow these tips to avoid falling victim to a ransomware attack:

  • Always be mindful of a sense of urgency in emails. Never click on links or attachments without first verifying their legitimacy.
  • Trust your instincts! If something seems suspicious, always check with your organization’s security team before clicking.
  • Ransomware can strike at any organization, even highly respected ones like hospitals! As a user, it’s important to remain alert and cautious.

Stop, Look, and Think. Don’t be fooled.

KnowBe4 Logo - Keller Schroeder Vendor Partner

KnowBe4 is the world’s most popular integrated platform for awareness training combined with simulated phishing attacks. Let Keller Schroeder show you how KnowBe4 has helped thousands of organizations just like yours manage the continuing problem of social engineering. Contact us today to learn more.

DISCLAIMER : Any non-technical views expressed are not necessarily those of Keller Schroeder or its employee-owners.


Join Our Mailing List

More Posts