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Why 2017 Looks Like the ‘Year of Ransomware’

Why 2017 Looks Like the ‘Year of Ransomware’

by Larry Gentry, President & CEO at cStor

Everything we read or hear from experts in the industry like the FBI is that this will be big year for hackers using ransomware to make their money.

Hackers have found it easier and far more profitable than stealing credit card info, personal information or healthcare information. Companies of all shapes and sizes are susceptible, including mid-sized organizations (those with fewer than 1,000 employees and/or under $500 million in annual revenue).cybersecurity consultants - cStor

Yes they will be attacking large companies too—repeatedly—but hackers are smart, learning and adapting quickly to what’s
working. They’ve discovered that mid-sized companies are much more vulnerable, and will pay quickly. A ransomware attack could easily put a mid-sized firm out of business, literally over night.

So this means we are all under attack, and we’re all prime targets for hackers as they keep looking for what is profitable, quick and relatively easy. There are several cybersecurity solutions out there that can monitor your environment to see if you have malware or ransomware in your environment. Most organizations have some breach even if you don’t know it yet, so having the right tools to help you monitor, identify and isolate the malware and/or ransomware is mission-critical.

If you’re overwhelmed by all the tools out there, cStor experts can offer an unbiased view from a best-of-breed list of cybersecurity technologies that we have vetted and implemented in a variety of environments, so we can offer useful insight into what will be most appropriate for your environment.

Need help with from an expert cybersecurity consultant?
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Smart Cybersecurity Strategy Requires More Than Just the Right Tools

While tools are certainly needed, it’s not enough to just have the tools. Many of the biggest data breaches occurred where the companies had the right tools but were not monitoring the environment with cybersecurity trained experts 24/7. You need cyber experts to monitor the tools, 24/7/365, but that’s not practical for many organizations due to costs and lack of cyber security experts within their organization.

Finding the right partner for the job that offers the cybersecurity expertise you need, and who can provide that type of 24/7 monitoring necessary for many mid-sized companies can give you the protection your business needs while keeping costs at the level of just one full-time admin.

While these tools are needed in today’s environment, deploying a smart cybersecurity strategy still starts with good Data Protection strategies, something cStor has helped clients with for more than 15 years. Utilization of snap shot technologies along with a robust, offsite backup strategy has always been needed, but is more critical than ever in today’s world of prolific ransomware.

Our recommendation? Take snapshots at least once an hour, or in 15 minute intervals if you have high number of transactions per hour.

Our 15 years of expertise at Data Protection strategies is one of the many things we are proud of, it is in fact the reason the company was originally founded. While the threats to your data have evolved and will continue to intensify, find an expert team that will offer you best practices along with the right technologies to prepare your business and protect it from whomever is coming after your data.

Larry Gentry
About Larry Gentry
Larry Gentry is responsible for ensuring cStor provides its customers with innovative data center and cloud solutions for the healthcare, manufacturing, government, education, retail, insurance, utility and other industries. His business acumen and management expertise stem from years of senior level leadership and high-tech management experience with companies such as Kroger, Kohl’s department stores and Shopko. Larry attended Lewis and Clark College along with Mt. Hood Community College prior to beginning his management career and holds multiple industry certifications. Larry has been a member of the board of directors for the Desert Southwest Chapter of the Alzheimer’s Association since 2009, where he currently serves as Vice-Chairman.

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