3 Key Tips to Protect Yourself From Ransomware as a Service

You’ve heard of the threat that ransomware poses, but in recent years, that threat has been developing further. Ransomware as a Service (RaaS) is a subscription-based resource being used by cybercriminals.

A relatively inexperienced cybercriminal can purchase or rent a RaaS package from a cybercriminal who has written the ransomware code. When the attack is launched and then later successful, the profits are divided between the provider, the coder, and the attacker. Effectively, this means any amateur cybercriminal can potentially carry out a devastating ransomware attack. To protect your business from RaaS attacks, consider these practices.

Regular Backups

When there is the potential for data loss, the importance of having copies of your data cannot be understated. By having multiple backups of your data both offline and off-site, you ensure that your data will remain in your possession, even in the event that a ransomware attack occurs. For additional data protection, encrypt your backups. This way, cybercriminals cannot access your copied data.

Be Aware of Phishing Emails

Phishing emails are often a part of ransomware attacks, which play upon employees opening malicious email attachments from attackers. Because of this, employees must be educated about the dangers of phishing in order to reduce the potential consequences of human error. Instituting company-wide training in order to recognize phishing attempts is a method to lower the risk of an employee mistake in the event of a ransomware attack.

Keep Security Features Up-to-Date

The security features of business applications often protect organizations from malicious attacks. However, without updating these applications, the security features will not be operating optimally, therefore opening your organization up to attacks. By updating your business applications regularly, your business will be best equipped to prevent an attack.

RaaS attacks can create problems for a business that can be so serious that they may not recover from them. Additionally, the use of RaaS packages increases the number of people who are able to launch an attack. For that reason, organizations must be prepared for the possibility that they will fall victim to an attack. Consider implementing these practices to protect your data against Ransomware as a Service.